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Fly News Breaks for May 24, 2016
IOC
May 24, 2016 | 06:34 EDT
Citi analyst Dale Koenders downgraded InterOil to Neutral saying Oil Search Limited is paying a full price for the company. Third parties are unlikely to enter the bidding for InterOil, the analyst contends. He raised his price target for the shares to $49.46 from $37.54.
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