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Fly News Breaks for March 20, 2019
AREX
Mar 20, 2019 | 05:18 EDT
Imperial Capital analyst Irene Haas downgraded Approach Resources to Underperform from In-Line and lowered her price target for the shares to 40c from $3.50. Historically low gas prices hurt the company's Q4 while debt metrics deterioration have triggered "going concern" uncertainties, Haas tells investors in a research note. The analyst sees a lack of liquidity going forward.
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