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Fly News Breaks for April 30, 2018
SPN
Apr 30, 2018 | 06:14 EDT
Wells Fargo analyst Judson Bailey upgraded Superior Energy to Outperform and raised his price target for the shares to $13 from $11.50. The company's pressure pumping is getting on track with better dedicated fleet operations under new management, Bailey tells investors in a research note. He also sees optionality for Superior's international and offshore recovery in 2019-2020. The analyst is more positive on the shares following the company's Q1 results.
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