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Fly News Breaks for May 14, 2015
HCLP
May 14, 2015 | 07:42 EDT
BofA/Merrill downgraded Hi-Crush Partners to Neutral from Buy. The firm is forecasting frac sand demand to decline 25%-30% in 2015, resulting in reduced sales volume outlook for the company. BofA/Merrill lowered its price target to $35 from $45.
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