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Fly News Breaks for June 12, 2015
WLL
Jun 12, 2015 | 07:46 EDT
Oppenheimer believes that Whiting's current sharp discount to its peers reflects overblown liquidity concerns about the company. The firm expects Whiting to sell its gas processing plants at a healthy valuation this year, bolstering its liquidity and causing its valuation to rise. The firm keeps a $47 price target and Outperform rating on the shares.
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