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Fly News Breaks for July 22, 2016
SWN
Jul 22, 2016 | 09:14 EDT
Evercroe ISI analysts led by Stephen Richardson added Southwestern Energy to the Tactical Buy List and raised its price target to $17 saying Q2 did not disappoint and may mark a turning point for the stock. The analyst maintains a Hold rating as NG seasonality will likely be a near-term headwind, but as Southwestern de-risks the growth trajectory, shares should broaden out its appeal.
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