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Fly News Breaks for May 11, 2015
CAPL, CST
May 11, 2015 | 07:38 EDT
After CST (CST) reported slightly lower than expected Q1 EPS, Wells says it expects the benefits of the company's MLP to become more evident later this year. Wells also expects the company to benefit from a ramping up of its new-to-industry growth and drop-downs, and says that the company's partnership with CrossAmerica (CAPL) could raise CST's EPS by 23c in fiscal 2016. The firm keeps an Outperform rating on CST.
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