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Fly News Breaks for November 7, 2018
USAC
Nov 7, 2018 | 06:55 EDT
RBC Capital analyst TJ Schultz upgraded USA Compression to Outperform from Sector Perform and kept his $21 price target, saying the company's strong market fundamentals and synergies from its CDM compression acquisition should allow it to de-lever and grow coverage. The analyst also expects USA Compression's strong fundamentals to persist through 2019 as it continues to deploy idle fleet to maximize its ROA.
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