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Fly News Breaks for January 24, 2017
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Jan 24, 2017 | 09:16 EDT
Seaport Global upgraded Sanchez Energy to Buy and raised its price target to $17 from $9 following the addition of 110K net Eagle Ford acres via organic leasing, and after updating for the Comanche acquisition. The firm's analyst said Sanchez has significant depth of high quality inventory, an improved production growth outlook and relatively cheap valuation.