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Fly News Breaks for June 7, 2017
FET
Jun 7, 2017 | 07:26 EDT
Societe General analyst Edward Muztafago initiated Forum Energy with a Buy and a $20 price target. The analyst believes Forum is well positioned for strong order growth in 2H 2017 and 2018 as frac and rig attrition accelerate and the OEM build cycle takes hold. The analyst also said recent share weakness sets the stage for relative outperformance.
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