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Fly News Breaks for February 5, 2018
BBG
Feb 5, 2018 | 05:13 EDT
Imperial Capital analyst Jason Wangler upgraded Bill Barrett to Outperform and raised his price target for the shares to $9 from $6. After meeting with management, the analyst expects "significant" production and EBITDA growth through 2019. The company's Niobrara assets could potentially triple EBITDA by 2019 versus 2017, Wangler tells investors in a research note. He expects Bill Barrett to continue operating efficiently with favorable takeaway and service availability.
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