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Fly News Breaks for October 5, 2016
AM
Oct 5, 2016 | 05:42 EDT
Wells Fargo analyst Michael Blum upgraded Antero Midstream to Outperform saying Marcellus gas production will continue to grow as new pipe capacity is placed in service. The analyst expects the company's distributions to grow at a five-year annual rate of 21%. He raised his price target range for the shares to $36-$38 from $26-$28.
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