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Stock Market & Financial Investment News

News Breaks
May 12, 2014
08:47 EDTAREXApproach Resources price target lowered to $23 from $28 at Canaccord
Canaccord lowered its price target on Approach Resources to $23 to reflect a proper gap between stock price and net asset value. The firm noted a solid rebound in production and lowered costs and considers the company a pure play on the Permian Basin. Shares are Buy rated.
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