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California

Sable Offshore started at Buy at Jefferies on strong cash flow potential at discount

Jefferies initiates Buy rating on Sable Offshore (SOC) with $19 price target due to regulatory challenges in restarting California asset, presenting risk-on...

By: Seeking Alpha
  • Aug 14 2024
  • 29
  • 4236 Views
Sable Offshore started at Buy at Jefferies on strong cash flow potential at discount
Sable Offshore started at Buy
Sable Offshore (NYSE:SOC) +3.3% in Tuesday's trading as Jefferies initiates coverage with a Buy rating and $19 price target, saying the stock offers investors a risk-on opportunity due to regulatory challenges involved in restarting the Santa Ynez Un... [764 chars]

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