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Fly News Breaks for August 7, 2017
BPL
Aug 7, 2017 | 08:49 EDT
Credit Suisse analyst Bhavesh Lodaya lowered his price target for Buckeye Partners to $74 from $80 saying Q2 saw multiple headwinds, namely lower utilization in Marine Terminals, loss of a customer in the Caribbean, lower gasoline blending, particularly in the New York harbor, and higher operating expenses. The analyst reiterates a Neutral rating on the shares.
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