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CXO - Concho Resources upped to Buy at SunTrust as possible takeover candidate
Concho Resources Inc.
Concho Resources (CXO-1.9%) is upgraded to Buy from Hold with a $66 price target at SunTrust, where analyst Neal Dingmann says the company is in a strong position to persevere through the COVID-19 crisis and could even be an acquisition candidate.
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