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Fly News Breaks for January 17, 2017
APC, SN
Jan 17, 2017 | 07:17 EDT
Canaccord analyst Stephen Berman raised his price target on Sanchez Energy (SN) to $15 from $11. He cited the company's acquisition of Anadarko's (APC) Eagle Ford Shale assets which should be highly accretive. The acquisition led Berman to significantly increase his estimates and price target and he reiterated his Buy rating on Sanchez Energy shares.
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