HSBC Upgrades Shell (SHEL) and Repsol to Buy Amid Improved Cash Flow
HSBC upgraded both Shell (SHEL:NYSE) and Repsol to 'Buy' from 'Hold', citing stronger cash flow estimates and improved medium-term upstream growth visibility, particularly for Shell following its $16.4 billion acquisition of ARC Resources.

Tickers: $SHEL
Topics: HSBC analysis oil and gas stock upgrade