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Fly News Breaks for January 27, 2016
BBG
Jan 27, 2016 | 07:05 EDT
Ladenburg analyst Michael Schmitz downgraded Bill Barrett to Neutral saying the company announced "significantly lower than expected" initial production rates on its most recent 10 XRL wells at NE Wattenberg. Schmitz cut his price target for the shares to $4 from $7.
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