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Fly News Breaks for April 5, 2016
PE
Apr 5, 2016 | 08:38 EDT
Canaccord reiterated Parsley Energy as a Top Pick after the company acquired acreage that fits in with its current leasehold. The firm believes the company is set up nicely going forward, as the valuation appears compelling while its transactions appear accretive. Canaccord reiterated its Buy rating and $23 price target on Parsley Energy shares.
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