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Fly News Breaks for January 25, 2017
HK
Jan 25, 2017 | 08:43 EDT
Capital One upgraded Halcon Resources to Overweight and maintained its $14 price target saying its portfolio of assets is much improved following the sale of its El Halcon position and purchase of primarily Pecos County Delaware acreage and the private placement of $400MM worth of convertible preferred stock will also help to fund the deal and HK's upcoming drilling activity on the new acreage.
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