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Fly News Breaks for February 13, 2017
BIP
Feb 13, 2017 | 07:46 EDT
As previously reported, Credit Suisse analyst Andrew Kuske downgraded Brookfield Infrastructure to Neutral from Outperform, with a $40 price target, after media reports stated a Brazilian Federal Justice suspended the sale of the Petrobras's NTS gas pipeline system to the company. The analyst believes there will be legal wrangling ahead that will likely create timing uncertainty.
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