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Fly News Breaks for August 27, 2019
SRCI, PDCE
Aug 27, 2019 | 09:30 EDT
Wolfe Research upgraded PDC Energy (PDCE) to Peer Perform from Underperform following the acquisition of SRC Energy (SRCI) saying the transaction brings two DJ Basin focused producers together that can use increased scale and a lower cost structure to improve the forward free cash flow outlook.
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