Cowen continues to rate all fracking sand companies it covers with an Outperform rating, but calls U.S. Silica (SLCA) its top name in the group. The firm cited the company's financial position, best in-class mine and distribution network for raw fracking sand and reliable free cash flow during the current downturn. Cowen maintained its $27 price target on U.S. Silica shares. Others in the fracking sand space include Hi-Crush Partners (HCLP), Emerge Energy (EMES) and Fairmount Santrol (FMSA).
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - U... To see the rest of the story go to thefly.com. See Story Here