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Fly News Breaks for May 24, 2019
RCON
May 24, 2019 | 08:54 EDT
Maxim analyst Tate Sullivan assumed Recon Technology with a Buy rating and a price target of $2.00. The analyst says the company's relationships with large China oil firms and spending among its customers will generate more well work orders, forecasting Recon Technology growth to be driven by China's "continuing effort to increase domestic oil production."
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