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Fly News Breaks for March 25, 2015
WLL
Mar 25, 2015 | 08:37 EDT
Wunderlich lowered its price target for Whiting Petroleum to $50 citing "ample" dilution from the company's equity raise. The firm believes the stock offering puts takeover "speculation to bed." It keeps a Buy rating on Whiting, saying the company's finances are now in good shape and the valuation is attractive relative to peers.
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