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Fly News Breaks for January 28, 2019
EPD, ETRN, WMB, DCP
Jan 28, 2019 | 08:23 EDT
Jefferies analyst Christopher Sighinolfi downgraded DCP Midstream (DCP) to Hold, from Buy, citing valuation following early year-to-date gains. While he is still bullish on U.S. Midstream, he favors defensive names with contracted 2019-20 cash flow growth supported by pending asset in-services, such as Williams (WMB), Equitrans Midstream (ETRN) and Enterprise Products (EPD), Sighinolfi tells investors.