LINN Energy price target raised to $34 from $29 at RW Baird

theflyonthewall.com

Baird raised its price target on LINN Energy (LINE) to reflect the increased merger potential over the last two days. The firm cited the company's acquisition of Permian Basin assets yesterday which increased the value proposition offered to Berry Petroleum (BRY) shareholders. Shares of LINN remain Outperform rated.

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