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Fly News Breaks for August 20, 2018
BRY
Aug 20, 2018 | 07:08 EDT
UBS analyst Lloyd Byrne initiated Berry Petroleum with a Buy rating as he sees the risk/reward skewed positively at 2.5 to 1. He said that places the company in the top half of his coverage and notes it is unique because it is a conventional smaller cap U.S. E&P company with leverage to Brent oil. Byrne has a $17 price target on Berry Petroleum shares.
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