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Fly News Breaks for March 10, 2017
FMSA, SND, HCLP, SLCA
Mar 10, 2017 | 06:03 EDT
Jefferies analyst Brad Handler views the recent selloff in the frac sand space as a buying opportunity. The shares weakness reflects exaggerated oil price concerns, Handler tells investors in a research note. After meeting with management, U.S. Silica (SLCA) moves to the analyst's number two pick in the sector behind Hi-Crush Partners (HCLP). These names are followed by Smart Sand (SND) and then Fairmount Santrol (FMSA), which he upgraded this morning to Buy.