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Fly News Breaks for May 2, 2016
LGCY
May 2, 2016 | 07:30 EDT
FBR Capital analyst Chad Mabry downgraded Legacy Reserves to Underperform citing valuation following the recent rally. The shares are ahead of fundamentals, Mabry tells investors in a research note. He raised his price target for the stock to $2 from $1.
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