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Fly News Breaks for August 17, 2015
OAS
Aug 17, 2015 | 08:21 EDT
As noted earlier, BMO Capital upgraded Oasis Petroleum to Outperform from Market Perform. The firm thinks that the stock exposes investors to a defensive company that is also growing. BMO supports the company's decision "to preserve its already abundant liquidity" in 2016, and it is upbeat on the company's Williston Basin oil wells. BMO keeps an Outperform rating on the shares.
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