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Fly News Breaks for July 8, 2016
PTEN
Jul 8, 2016 | 06:58 EDT
Seaport Global analyst Mark Brown upgraded Patterson-UTI to Buy and increased its price target to $24 from $18. The analyst has raised estimates to reflect a more rapid recovery in pressure pumping operations toward full capacity, providing the most operational leverage to a recovery compared to its more land drilling focused peers.
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