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Fly News Breaks for March 8, 2018
OAS
Mar 8, 2018 | 07:14 EDT
BofA/Merrill analyst Asit Sen downgraded Oasis Petroleum to Underperform and cut its price target to $9 from $11. Sen believes Oasis' recent expensive acquisition in the Permian may expose it to operational risks given its sub-optimal scale in the basin.
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