Memorial Productions Partners 10.5M share Secondary priced at $17.00 Raymond James, BofA/Merrill, Barclays, Citigroup, RBC Capital and Wells Fargo acted as joint book running managers for the offering.
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Memorial Production upgraded to Buy from Neutral at Ladenburg Ladenburg upgraded Memorial Production to Buy saying the company is well-positioned to increase its distribution through acquisitions and low-risk development. The firm raised its price target for shares to $26 from $19.