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Fly News Breaks for May 9, 2016
PDCE
May 9, 2016 | 07:54 EDT
Canaccord said to buy the dip in PDC Energy as its represents the highest production growth rate with the lowest multiple in their research universe. The firm calls it their top pick in the E&P space, citing its discount valuation, ample liquidity, and production potential. Canaccord reiterated its Buy rating and $72 price target on PDC Energy shares.
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