UPDATE: Deutsche Bank Reiterates Hold, Lowers PT on Kosmos Energy on Disappointing Sipo Results
May 21, 2013 at 10:51 AM EDT
In a report published Tuesday, Deutsche Bank analyst Greg Poole reiterated a Hold rating on Kosmos Energy (NYSE: KOS ), but slightly lowered the price target from $16.00 to $15.00. In the report, Deustsche Bank noted, “Unsuccessful Sipo Prospect Onshore Cameroon. KOS announced the Sipo-1 exploration well onshore Cameroon Oil