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Fly News Breaks for June 2, 2015
EMES, HCLP, SLCA, FMSA
Jun 2, 2015 | 08:41 EDT
Cowen said Fairmount Santrol is their top pick in the frac sand space, noting its large short position and potential tightening of supply/demand in 2016, its increase in market share during the downturn and current valuation. The firm feels the frac sand industry is best positioned among onshore services. Cowen reiterated its Outperform rating and $11 target on FMSA shares.
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