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Fly News Breaks for December 19, 2018
KLXE
Dec 19, 2018 | 06:11 EDT
Piper Jaffray analyst John Watson started KLX Energy Services with an Overweight rating and $31 price target. The analyst says that if est Texas Intermediate settles near $50, he sees upside in KLX given the company's "relatively low capital intensity and returns-focus." KLX Energy is a "well managed enterprise on a strong financial footing," says Watson.
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