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Fly News Breaks for October 10, 2019
LUKOY
Oct 10, 2019 | 17:59 EDT
Goldman Sachs analyst Geydar Mamedov upgraded Lukoil to Buy from Neutral with a price target of $100, up from $88. The analyst also added the shares to Goldman's CEEMEA Focus List. Mamedov expects Lukoil to repurchase $3B of its shares by the end of 2020 and views the stock's recent underperformance as creating an attractive entry point.
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