COBALT INTL EGY (CIE) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of COBALT INTL EGY (CIE) from OUTPERFORM to NEUTRAL on September 02, 2014, with a target price of $17.10.

Cobalt International Energy, Inc., through its subsidiary Cobalt International Energy, L.P., operates as an independent oil focused exploration and production company with a highly prospective world-class portfolio in the deepwater U.S. Gulf of Mexico and offshore West Africa. All of the Company's prospects are oil-focused. The company is based in Houston, Texas.

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