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Fly News Breaks for August 2, 2019
COG
Aug 2, 2019 | 08:51 EDT
Tudor Pickering analyst Matthew Portillo upgraded Cabot Oil & Gas to Buy from Hold with a price target of $25. The recent selloff in the shares has created an attractive entry point, Portillo tells investors in a research note. He believes the company's updated 2019 guidance could prove conservative and expects to re-rate over the next 12 to 18 months.
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