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Fly News Breaks for July 18, 2016
QEP
Jul 18, 2016 | 09:05 EDT
As noted earlier, BMO Capital upgraded QEP to Outperform from Market Perform. The firm thinks that the company's outlook is quickly improving, driven partly by its recent acquisition of Permian assets and its improving cash margins. The firm says that the company's balance sheet is stronger than most of its peers, giving it "a defensive quality." Target to $24 from $18.
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