Denbury to Acquire Penn Virginia in $1.7 Billion Transaction
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Denbury Resources (DNR) PT Lowered to $4 at Imperial Capital
October 30, 2018 8:27 AM EDTImperial Capital analyst Jason Wangler lowered the price target on Denbury Resources (NYSE: DNR) to $4.00 (from $6.00) while maintaining a In-Line rating following the company's acquisition of PVAC. Wangler believes that the acquisition helps the company continue to reduce financial leverage while maintaining free cash flow... More
