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Fly News Breaks for December 7, 2016
EC
Dec 7, 2016 | 06:17 EDT
Deutsche Bank analyst Alexander Burgansky upgraded Ecopetrol to Buy citing the company's leverage to oil prices and a "strong" balance sheet. The analyst expects oil prices will continue to gradually recovery in 2017. He raised his price target for Ecopetrol to $12 from $10.
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