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Fly News Breaks for February 26, 2016
SWN
Feb 26, 2016 | 05:48 EDT
Jefferies analyst Jonathan Wolff double downgraded Southwestern Energy to Underperform from Buy citing "great concern" about the company's financial condition following its "much weaker than expected" operational outlook. Wolff cut his price target for the shares to $4 from $11.
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