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Fly News Breaks for December 15, 2016
NOG
Dec 15, 2016 | 07:47 EDT
As noted earlier, RBC Capital downgraded Northern Oil and Gas to Sector Perform from Outperform. As reasons for the downgrade, analyst Scott Hanold cited valuation, his belief that the company's production will fall 2%-3% in 2017, and its above average debt levels. Target remains $4.
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