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Fly News Breaks for January 16, 2019
SWN
Jan 16, 2019 | 08:28 EDT
MKM Partners analyst John Gerdes downgraded Southwestern Energy to Neutral from Buy, citing valuation largely as a consequence of the downward adjustment in his liquids price outlook. He lowered his 2019 Brent oil price forecast by $9 to $57 and cut his NYMEX forecast by $7 to $50. Gerdes lowered his price target on Southwestern Energy shares to $4 from $6.
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