Fly News Breaks for January 21, 2016
SN
Jan 21, 2016 | 07:36 EDT
Canaccord attended Sanchez Energy's analyst day and noted the company is one of the most levered to the Eagle Ford. The firm noted Sanchez announced its third consecutive production beat and believes its liquidity position is very underappreciated. Canaccord, which does not expect the company to need to draw on its credit facility until at least 2018, maintained its Buy rating and $10 price target on Sanchez Energy shares.
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