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Fly News Breaks for February 13, 2018
NINE
Feb 13, 2018 | 05:45 EDT
Piper Jaffray analyst Bill Herbert started Nine Energy Services with an Overweight rating and $35 price target. The company is differentiated in its completions orientation as it does not participate in hydraulic fracturing, which results in lower capital intensity and, "theoretically, superior full-cycle returns and cash flow generation," the analyst contends.
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