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Fly News Breaks for May 30, 2018
PFIE
May 30, 2018 | 08:22 EDT
Maxim analyst James Jang assumed Profire Energy with a Buy rating and a price target of $23, citing the company's position as a dominant player in the oilfield technology sector as well as the benefits improving oil price sentiment driving deeper penetration of its new product series. Jang also points to Profire Energy's clean balance sheet, which has allowed it to weather market downturns.
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