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Fly News Breaks for January 5, 2018
SPN
Jan 5, 2018 | 08:28 EDT
As previously reported, Susquehanna analyst Charles Minervino upgraded Superior Energy to Positive from Neutral as he expects it to benefit meaningfully from the pumping upcycle and generate outsized EBITDA growth. He also believes there will be positive movement in "turnaround stories" who will show progress on leverage ratios and free cash flow. Minervino raised his price target to $15 from $9 on Superior Energy shares.
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