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Fly News Breaks for May 10, 2016
IPI
May 10, 2016 | 07:25 EDT
CLSA analyst Mark Connelly upgraded Intrepid Potash to Outperform but lowered its price target to $3 from $5. The analyst has no assurance that the negotiations with lenders for covenant relief will be successful, the debt is well covered, even if prices slip further, he believes.
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