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Fly News Breaks for September 18, 2015
HP
Sep 18, 2015 | 06:53 EDT
RBC analyst Kurt Hallead downgraded Helmerich & Payne to Sector Perform and lowered his price target to $55 from $83. Hallead's team lowered its 2015/2016 Brent and WTI forecasts and expects overcapacity to hold down dayrates and cash margins.