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Fly News Breaks for October 17, 2016
WTI
Oct 17, 2016 | 05:52 EDT
Barclays analyst Thomas Driscoll downgraded W&T Offshore to Underweight in a research note previewing Q3 earnings for the Exploration & Production space. The analyst has concerns around the company's leverage as well as challenges facing the offshore market. He cut his price target for the shares to $1 from $2.
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