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Fly News Breaks for October 17, 2016
RSPP
Oct 17, 2016 | 07:37 EDT
Canaccord analyst Sam Burwell raised his price target on RSP Permian to $50 from $42 following its recent acquisition of acreage in Delaware. The analyst feels the deal is accretive even based on conservative assumptions and that its capital efficiency metrics will improve following the deal. Burwell reiterated his Buy rating on RSP Permian shares.
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