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Citi's Top SMID Pick Is U.S. Silica
Monday, February 29, 2016 - 1:44pm | 269On Monday, Citi issued a company note on U.S. Silica Holdings Inc (NYSE: SLCA), initiating coverage on the company after analysis showed strong secular growth. Currently, analysts at Citi rate U.S. Silica as a Buy with a $25 price target. Scott Gruber and Michael Sabella, analysts at Citi, wrote...
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UPDATE: Citigroup Downgrades Helmerich & Payne
Thursday, January 29, 2015 - 9:39am | 140Analysts at Citigroup on Wednesday downgraded Helmerich & Payne, Inc. (NYSE: HP) from Neutral to Sell and reduced the price target from $71.00 to $55.00. Scott Gruber and Michael Sabella wrote, "We are downgrading HP based on our view of a likely rate collapse amongst Tier 1 (AC) rigs...