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Fly News Breaks for December 15, 2015
SWN
Dec 15, 2015 | 06:03 EDT
JPMorgan analyst Arun Jayaram upgraded Southwestern Energy to Overweight citing the 24% pullback in shares since last Wednesday and 80% decline year-to-date. The stock now fully discounts the negative impact from a debt downgrade and weak gas prices, Jayaram tells investors in a research note. The analyst keeps an $8 price target for the name.