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Fly News Breaks for February 19, 2016
CLMT
Feb 19, 2016 | 07:32 EDT
Credit Suisse analyst Edward Westlake downgraded Calumet Specialty Products to Neutral from Outperform and cut his price target to $18 on shares. The analyst lowered his 2016 EBITDA estimate below consensus following the disappointing quarterly report and believes a cut in distributions would be prudent.
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