Total's (TOT) 1Q production was "robust" but upstream result was "slightly disappointing," says Oddo. Says Total's production profile "is one of the strongest for 2010 among oil majors and should allow its profit to grow around 38% this year." Keeps buy rating, EUR50.00 price target. Shares +0.3% to EUR41.12.
Total's (TOT) 1Q production was "robust" but upstream result was "slightly disappointing," says Oddo. Says Total's production profile "is one of the strongest for 2010 among oil majors and should allow its profit to grow around 38% this year." Keeps buy rating, EUR50.00 price target. Shares +0.3% to EUR41.12.

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