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Fly News Breaks for October 13, 2015
WLL
Oct 13, 2015 | 08:01 EDT
As previously reported, Morgan Stanley downgraded Whiting Petroleum to Equal Weight from Overweight and maintained its $23 price target on shares. Analyst Drew Venker said Whiting's divestitures are note sufficient to alleviate high leverage and growth is not expected to rebound to similar levels of its high quality peers by 2017.
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