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Stock Market & Financial Investment News

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March 13, 2014
06:15 EDTMPOMidstates Petroleum downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital said Midstates sale of its Pine Prairie assets for $170M provides near-term liquidity but is 20% dilutive to its NAV. As a result, the firm downgraded shares to Sector Perform and lowered its price target to $5 from $7.
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