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Fly News Breaks for August 20, 2019
RDS.A
Aug 20, 2019 | 17:27 EDT
As previously reported, BMO Capital analyst Daniel Boyd started Royal Dutch Shell with a Market Perform rating and $65 price target. While Royal Dutch Shell's portfolio delivered leading cash return and cash flow growth over the past three years, Boyd expects "forward growth to lag" and sees a "risk of the buyback being reduced given its reliance on asset sales, high gearing, rising capex, and weak LNG pricing."
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