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Fly News Breaks for April 5, 2018
ESTE
Apr 5, 2018 | 04:52 EDT
Imperial Capital analyst Jason Wangler says Earthstone Energy currently trades below proven asset value. As such, the shares at current levels offer a good opportunity for investors looking to gain exposure to the Midland Basin, Wangler tells investors in a research note. His $14 price target is about 48% above the recent share price. The analyst keeps an Outperform rating on Earthstone.
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