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Fly News Breaks for May 1, 2018
QEP
May 1, 2018 | 06:10 EDT
Piper Jaffray analyst Kashy Harrison downgraded QEP Resources to Neutral with a $13 price target. The stock is up 40% since the company highlighted its desire to unlock shareholder value by divesting all non-core assets and transitioning to a pure-play Permian producer. Following the rally, the shares are nearing fair value, Harrison tells investors in a research note.
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