So, what's Pavel's current rating on IOC? Didn't he downgrade it around 58 or so? Did he ever upgrade since?
He still has the same "Outperform" (or Buy) rating.
On 5/14/2012 he gave a IOC a $70 price target based on a 70% valuation of NAV because of the political turmoil in PNG. I think he should be reconsidering this shortly as more deal news comes to light.
Not sure... I think he's still stuck with his downgraded rating, but not sure?