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Fly News Breaks for April 15, 2016
PTEN
Apr 15, 2016 | 07:53 EDT
JPMorgan analyst Sean Meakim downgraded Patterson-UTI to Underweight on expectations the market's attention will return to earnings and valuation. A reset of expectations could cause the stock to drop, Meakim tells investors in a research note. He keeps a $13 price target for Patterson-UTI shares.
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