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Fly News Breaks for March 2, 2017
APA
Mar 2, 2017 | 05:33 EDT
Barclays analyst Thomas Driscoll downgraded Apache to Underweight after cutting his 2017 and 2018 oil production forecasts by 5% and 11%, respectively. The analyst now expects the company's 2018 oil volumes to fall below 2016 levels. He cut his price target for the shares to $50 from $56.
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