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Fly News Breaks for February 2, 2017
SDLP
Feb 2, 2017 | 07:10 EDT
Morgan Stanley analyst Ole Slorer upgraded Seadrill to Overweight from Equal Weight and raised its price target to $8 from $7. The analyst said shares have underperformed since the June 2014 oil price downturn and the company has relatively high contract coverage with an attractive yield and valuation.
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