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Coverage of Penn Virginia (PVA +12.9%) is started at Brean Murray with a Buy rating and a $10...

  • Monday, May 21, 2012, 2:12 PM ET
    Coverage of Penn Virginia (PVA +12.9%) is started at Brean Murray with a Buy rating and a $10 price target, as the firm says proceeds from the company's anticipated Granite Wash divestiture should shift market focus from liquidity concerns to the value of its Eagle Ford acreage.
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