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Fly News Breaks for February 25, 2016
CORR
Feb 25, 2016 | 06:24 EDT
Wells Fargo analyst Michael Blum downgraded CorEnergy Infrastructure Trust to Market Perform citing increased counterparty risk to the company's main contracts. While its key contracts could be upheld even in the event of a counterparty bankruptcy, the stock is unlikely to outperform due to headline risk, Blum tells investors in a research note. He cut his price target range for the shares to $11-$14 from $27-$31.
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