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Fly News Breaks for January 11, 2018
SM
Jan 11, 2018 | 07:57 EDT
Baird analyst Joseph Allman raised his price target on SM Energy to $35 from $27 following the company's announcement to sell around 80% of its Powder River Basin acreage. Allman reiterated his Outperform rating on SM Energy shares, citing its asset sale and higher oil prices as well as its top-tier operations.
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