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Fly News Breaks for November 2, 2015
EPE
Nov 2, 2015 | 08:31 EDT
SunTrust expects EP's production to rise 2%-4% this year. The firm adds that the company's production costs continue to decline . Noting that the stock is trading at a 20% discount to its peers, SunTrust blames the discrepancy on concerns about its leverage. However, the firm thinks the company's current liquidity is adequate. It keeps a Buy rating on the shares.
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