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Fly News Breaks for August 8, 2016
CXO
Aug 8, 2016 | 09:00 EDT
Stephens analyst Will Green raised his price target for Concho Resources to $141 from $130 after the company reported a "strong" Q2 and raised production growth guidance following continued "impressive" well results in the Southern Delaware and Midland Basin. The analyst continues to like Concho Resources for its "robust" acreage position, "strong" balance sheet and disciplined capital program. He reiterates an Overweight rating on the shares.
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