Wells Fargo Starts Memorial Resource Development (MRD) at Outperform

July 8, 2014 7:31 AM EDT
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Price: $14.72 --0%

Rating Summary:
    8 Buy, 9 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
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Wells Fargo initiated coverage on Memorial Resource Development (NASDAQ: MRD) with an Outperform rating and a price target of $30-$34. Analyst Gordon Douthat sees industry leading production and reserve growth from wells at Terryville.

For an analyst ratings summary and ratings history on Memorial Resource Development click here. For more ratings news on Memorial Resource Development click here.

Shares of Memorial Resource Development closed at $25.36 yesterday.



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