Goldman Sachs Turns Bullish On Energy Stocks ...Middle East

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Goldman Sachs Turns Bullish On Energy Stocks
source : OILPRICE ( Middle East ) () 18
On a day when one of our preferred stocks, Exxon, has hit the highest price since last June following an upgrade from Credit Suisse which upped its price target for the energy giant to $62 from $52, the energy sector has seen further tailwinds from none other than Goldman, whose strategist Alessio Rizzi writes that the bank continues "to have a pro-cyclical tilt in our asset allocation" and following the poor performance of energy stocks in the past year, the bank thinks that "adding energy equity exposure is attractive at this juncture, especially…

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