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Fly News Breaks for April 12, 2017
CXO
Apr 12, 2017 | 17:19 EDT
Stifel analyst Derrick Whitfield added Concho Resources to this firm's Analyst Select List after taking over coverage of the name. The analyst kept a Buy rating on the shares and upped his price target to $206 from $190. Concho is well positioned for growth as its combination of capital efficiency and liquidity is unique within the Permian, the analyst contends.
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