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Fly News Breaks for August 29, 2016
PDCE
Aug 29, 2016 | 07:22 EDT
Canaccord analyst Stephen Berman raised his price target on PDC Energy to $80 from $72 and called it one of the best growth stories in the SMID-cap E&P space. The analyst cited its core position in the Delaware Basin, its Permian holdings, and the belief that its Delaware Basin acquisition should put any concerns over its inventory life to rest. Berman reiterated his Buy rating on PDE Energy shares.
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