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Fly News Breaks for July 23, 2018
EPM
Jul 23, 2018 | 08:37 EDT
Roth Capital analyst John White downgraded Evolution Petroleum to Neutral from Buy, citing valuation after the stock closed above his price target of $10.50. He is stepping to the sidelines as investors await an update on the management transition and said he plans to revisit his valuation following the fiscal 2018 year end results, which should also include an update on the drilling program at the Delhi field.
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