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PDCE - PDC Energy upgraded at Stifel on reduced credit facility concerns
PDC Energy Inc.
PDC Energy (PDCE+0.4%) edges higher as Stifel upgrades shares to Buy from Hold with a $21 price target, raised from $14, at Stifel, where analyst Michael Scialla says the recent oil price rally reduces his concern over the company's potential reliance on its credit facility to fund a near-term debt maturity.
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