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Fly News Breaks for February 17, 2016
ENLC
Feb 17, 2016 | 07:29 EDT
BofA/Merrill analyst Gabe Moreen downgraded EnLink Midstream (ENLC) to Underperform and lowered his price target to $10 from $18 on shares. The analyst downgraded shares given the downgrade in EnLink Midstream Partners (ENLK) and said the risk of the cash distribution moving higher is equal to the risk of it being reduced.
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