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Stock Market & Financial Investment News

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March 25, 2013
07:47 EDTAREXApproach Resources valuation looks attractive after incident, says Wells Fargo
After Approach announced that it had curtailed production of 6.1 Mboe/d since the second week of March due to an electrical storm, Wells Fargo thinks the incident has minimal impact on the company's valuation. The firm recommends buying the shares on weakness, all else being equal. It maintains an Outperform rating on the stock.
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