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Fly News Breaks for November 16, 2015
KOS
Nov 16, 2015 | 07:51 EDT
As noted earlier, RBC Capital downgraded Kosmos to Sector Perform from Outperform. As reasons for the downgrade, the firm cited what it sees as the company's high exploration costs, along with its belief that investors will not be interested in the company's current area of focus, deepwater gas exploration. Target to $7 from $9.
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