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Fly News Breaks for April 4, 2017
SLCA
Apr 4, 2017 | 08:08 EDT
Cowen analyst Marc Bianchi met with U.S. Silica management and came away confident in near-term pricing and volume improvement. He increased his estimates but said Q3 growth could be limited given the lack of supply and frac sand trading at a discount valuation. Bianchi reiterated his Outperform rating and $70 price target on U.S. Silica shares.
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