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Bonanza Creek Energy (BCEI -1.1%) is initiated with a Buy rating at C.K. Cooper, which says BCEI...
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Wednesday, May 30, 2012, 10:46 AM ETBonanza Creek Energy (BCEI -1.1%) is initiated with a Buy rating at C.K. Cooper, which says BCEI is a small-cap E&P with a clean balance sheet and attractive development opportunities in liquids-rich areas. The firm says shares trade slightly above proved reserve value, suggesting investors could secure considerable upside potential at very little cost.
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