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Fly News Breaks for July 29, 2019
SM
Jul 29, 2019 | 07:38 EDT
Jefferies analyst Thomas Hughes started SM Energy with a Hold rating and $10 price target. The analyst says his firm's "below strip deck" has SM struggling to generate free cash flow in 2020 and 2021. He says this and the company's leverage keep him on the sidelines.
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