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Fly News Breaks for October 15, 2019
NBL
Oct 15, 2019 | 09:31 EDT
Wolfe Research analyst Josh Silverstein upgraded Noble Energy to Outperform from Peer Perform with a price target of $30, down from $31. The analyst said the recent decline in shares provides an attractive entry point and notes the company has anserwed his concerns over the Lower48 asset base, return profile and the balance sheet with strong operational performance. Additionally, Silverstein said the Leviathan start up de-risks and positively changes Noble's corporate profile.
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