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Fly News Breaks for May 17, 2019
May 17, 2019 | 06:15 EDT
JPMorgan analyst Scott Darling upgraded Cnooc to Overweight from Neutral and raised his price target for the shares to HK$16.20 from HK$14.80. The company's operational improvement and "sustainable" cost management are not fully priced into the shares, Darling tells investors in a research note.