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Fly News Breaks for January 21, 2016
HLX
Jan 21, 2016 | 07:27 EDT
Stephens analyst Matthew Marietta upgraded Helix Energy to Overweight from Equal Weight, as he sees the current share levels as an attractive entry point given the company's long-term opportunity, though he notes the timing of the upgrade could be ahead of a negative announcement on its Brazilian contracts. Marietta lowered his price target on Helix shares to $7.50 from $11.
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