One more analyst update for today. BHP Billiton is under review. Jefferies analyst Christopher LaFemina said he expected the miner "to use its financial flexibility to acquire an asset (most likely in copper) in the near term".We would not rule out an acquisition of a world class copper asset in the $US5 billion range, if the opportunity emerges. This is the second recommendation change within 6 months. They granted a buy rating to the stock in September 2015. It's obvious that long-term investing with such analysts as Jeffries is almost impossible. At least for such company as BHP. The only recommendation from Jefferies I agree with is the recommendation to stay away from oil sector. I think it's time to still stay away, I don't think it's time to get in yet, said Brad Handler, managing director of equity research at Jefferies. Managing Director of equity research should be more reliable.