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Fly News Breaks for January 13, 2016
UPL
Jan 13, 2016 | 06:15 EDT
UBS analyst William Featherston downgraded Ultra Petroleum to Sell after his firm materially cut its U.S. natural gas price forecasts. The company will struggle to deliver attractive growth given its high financial leverage, Featherston tells investors in a research note. He cut his price target for the shares to $1 from $5.
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