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Fly News Breaks for February 18, 2016
CLMT
Feb 18, 2016 | 08:59 EDT
After Calumet Specialty reported much weaker than expected results, DA Davidson expects the company's operating results to recover going forward, boosted by improving refining margins. The firm notes that the company's major growth capex projects have already been completed. It cut its price target on the name to $25 from $34 but keeps a Buy rating on the shares.
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