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Credit Suisse downgrades CNOOC to “Neutral” |
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Written by Administrator
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Wednesday, 05 December 2007 |
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BEIJING, Dec. 4 (InfoChina) – Credit Suisse newly downgraded its rating on CNOOC (0883.HK; CEO.NYSE) to “Neutral” from “Outperform”, and also lowered the target price to 15 Hong Kong dollars to 17 Hong Kong dollars, to reflect its lower P/E. |
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