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Fly News Breaks for February 15, 2019
LPI
Feb 15, 2019 | 07:51 EDT
MKM Partners analyst John Gerdes downgraded Laredo Petroleum to Neutral and lowered his price target to $3 from $5. The analyst cites the company's "5% lower oil production composition and modestly higher cash expenses" as it transitions to "wider spaced completions" in early Q2 of 2019.
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