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Fly News Breaks for March 7, 2016
RICE
Mar 7, 2016 | 08:42 EDT
BMO Capital believes that Rice Energy reported "solid" Q4 results and 2016 guidance. The firm says that the stock's valuation nonetheless lags its large-cap Marcellus E&P universe, and it thinks that Rice can "manage through the downturn." BMO raised its price target on the name to $15 from $12 and keeps an Outperform rating on the shares.
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