Wildhorse Resource Development (WRD) PT Raised to $42 at Raymond James, Says Selloff Overdone
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Price: $16.97 --0%
Rating Summary:
9 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
9 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Raymond James raised its price target on Wildhorse Resource Development (NYSE: WRD) to $42.00 (from $38.00) while maintaining a Strong Buy rating.
Analyst John Freeman says the selloff on takeaway fears is overdone. The analyst says the selloff is a "gross exaggeration" and remains positive given his more bullish crude outlook.
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