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Fly News Breaks for April 13, 2016
OMEX
Apr 13, 2016 | 07:28 EDT
Craig-Hallum analyst Mike Malouf downgraded Odyssey Marine to Hold and lowered its price target to $3.50 following the announcement that environmental approval for the Don Diego project has been denied. The analyst said an appeal is likely and sees a conservative 10% chance of approval going forward.