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Fly News Breaks for September 15, 2017
ECA
Sep 15, 2017 | 07:48 EDT
As previously reported, Bernstein analyst Bob Brackett upgraded Encana to Outperform from Market Perform, as he expects the company to achieve growth in each of the next five years after the company shrunk in eight years of the last decade. Oil sands demand for condensate is high and should remain so and Brackett previously underestimated the Montney well as a condensate producer, he tells investors. The analyst set a $14 price target on Encana shares.
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