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Fly News Breaks for March 11, 2016
SGY
Mar 11, 2016 | 06:09 EDT
Piper Jaffray analyst David Kistler downgraded Stone Energy to Underweight saying he believes the company has insufficient liquidity to service its debt obligations absent a divestiture of assets. The analyst sees limited forward financial visibility and has a $2 price target for the shares.
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