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Fly News Breaks for March 19, 2019
NBL
Mar 19, 2019 | 05:52 EDT
Mizuho analyst Paul Sankey upgraded Noble Energy to Buy from Neutral and raised his price target for the shares to $29 from $28. The company's upcoming free cash flow inflection "is too close to ignore," Sankey tells investors in a research note. Further, Noble's 2019 budget and outlook is "de-risked," and the risk/reward in the Delaware Basin is "significantly better this year than last, says the analyst.
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