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Fly News Breaks for February 18, 2016
COG
Feb 18, 2016 | 07:37 EDT
Drexel Hamilton analyst Robert Christensen initiated Cabot Oil & Gas with a Buy rating and $25 price target on shares. The analyst said Cabot the best "dry" gas source rocks of any U.S. natural gas producer in its Marcellus shale play in Northeast Pennsylvania and will be able to grow its volumes and margins faster than its higher cost peers.
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