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Fly News Breaks for October 29, 2018
GDP
Oct 29, 2018 | 11:07 EDT
As previously reported, IFS Securities analyst Eli Kantor initiated Goodrich Petroleum with an Outperform rating and $18 price target, stating that the company's natural gas weighted inventory looks undervalued given his view on long-term gas prices. He sees institutional awareness growing alongside the company's "robust production growth," which he views being positive for the stock.
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