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Fly News Breaks for May 15, 2015
CJES
May 15, 2015 | 08:45 EDT
SunTrust increased its price target on C&J Energy as the firm believes that completion tailwinds brewing from the growing backlog of drilled but uncompleted well inventory could provide the company with a catalyst in 2H15 and 2016. The firm also thinks that the company could benefit from the cyclical recovery in pressure pumping. It keeps a Buy rating on the shares.
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