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Bernstein Reaffirms Their Hold Rating on Kosmos Energy (KOS)
Bernstein analyst maintained a Hold rating on Kosmos Energy yesterday. The company’s shares closed yesterday at $2.33.
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Currently, the analyst consensus on Kosmos Energy is a Hold with an average price target of $2.19, implying a -6.01% downside from current levels. In a report released on February 25, Stephens also maintained a Hold rating on the stock with a $2.30 price target.
Based on Kosmos Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $311.23 million and a GAAP net loss of $124.3 million. In comparison, last year the company earned a revenue of $407.79 million and had a net profit of $44.97 million
Read More on KOS:
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- Kosmos Energy Sells Equatorial Guinea Assets to Panoro for Up to $219.5 Million
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- Unusually active option classes on open February 20th
- Kosmos announces ratification of Ghana license extensions by parliament
- Kosmos Energy Secures Ghana License Extensions and Lifts Output to Record Levels
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