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Fly News Breaks for August 24, 2016
PDCE
Aug 24, 2016 | 08:55 EDT
As previously reported, Stephens analyst Ben Wyatt upgraded PDC Energy to Overweight from Equal Weight after the company agreed to acquire two privately held companies in a "transformative" deal that includes approximately 57,000 net acres in Texas. The deal expands PDC's core asset portfolio into a second premier play, Wyatt tells investors in his upgrade note.
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