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Fly News Breaks for October 18, 2019
PUMP
Oct 18, 2019 | 08:24 EDT
B. Riley FBR analyst Thomas Curran lowered his price target for ProPetro Holding to $17 from $29 citing the "lingering unknowns" of the audit committee's review of internal and disclosure controls. The analyst, however, finds ProPetro's latest update, especially the management changes, encouraging and believes the stock's risk/reward "remains compelling." He keeps a Buy rating on the shares.
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