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Fly News Breaks for October 24, 2019
PDCE, SRCI
Oct 24, 2019 | 08:23 EDT
As previously reported, Roth Capital analyst John White downgraded SRC Energy (SRCI) to Neutral from Buy with a price target of $3.55, down from $9. The analyst notes that PDC Energy (PDCE) and SRC Energy had previously announced a definitive merger agreement under which the former will acquire the latter in an all-stock transaction.
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