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Fly News Breaks for September 25, 2015
EMES
Sep 25, 2015 | 07:13 EDT
As noted earlier, Stifel downgraded Emerge Energy to Sell from Hold. The firm downgraded the stock after the company withdrew its distribution guidance due to difficult market conditions in its Sand and Fuels segments. The firm significantly reduced its estimates and thinks the stock has several negative catalysts. It predicts that there will be additional downward pressure on the units.
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