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Fly News Breaks for December 11, 2015
SLCA
Dec 11, 2015 | 07:17 EDT
Cowen named U.S. Silica as a Best Idea for 2016 as they see a recovery potential without the balance sheet risk of other small to medium oil fracking sand companies. The firm also sees the potential for the fracking sand market tightening in mid-2016, which should restore pricing power for the industry. Cowen reiterated its Outperform rating and $27 price target on U.S. Silica shares.
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