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Fly News Breaks for March 19, 2018
ENB, EEP
Mar 19, 2018 | 07:51 EDT
RBC Capital analyst TJ Schultz lowered his price target on Enbridge Energy (EEP) to $12, citing the negative impact of FERC's ruling on income tax recovery allowance for MLPs. The analyst keeps his Sector Perform rating on Enbridge Energy, adding that the company's "strategic decision" is now focused around a potential roll-up into Enbridge (ENB).
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