Concho Resources (CXO +3.2%) is upgraded to Outperform with a target price range of $110-$120,...


Concho Resources (CXO +3.2%) is upgraded to Outperform with a target price range of $110-$120, up from $90-$100, at Wells Fargo. "Continued execution in the Permian, strong growth within cash flow, and recent underperformance make this a very attractive name in the midcap space," the firm writes.

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