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Fly News Breaks for November 11, 2019
TUSK
Nov 11, 2019 | 05:00 EDT
Imperial Capital analyst Jason Wangler downgraded Mammoth Energy Services to In-Line from Outperform with a price target of $1.50, down from $6. While the company's U.S. infrastructure business is improving, its oilfield services segments continue to struggle, Wangler tells investors in a research note. He believes the slowdown in activity should continue in Q4.
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