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Fly News Breaks for July 18, 2018
ANDX
Jul 18, 2018 | 06:32 EDT
BofA/Merrill analyst Dennis Coleman downgraded Andeavor Logistics (ANDX) to Underperform from Neutral and cut its price target to $42 from $47. Coleman said the partnership's growth options are limited going forward following the strategic combination of general partners Marathon Petroleum (MPC) and Andeavor (ANDV) and expects it to lag competitors.
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