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Fly News Breaks for February 12, 2018
EQM
Feb 12, 2018 | 07:27 EDT
RBC Capital analyst TJ Schultz downgraded EQT Midstream Partners (EQM) to Sector Perform and lowered his price target to $74 from $84. Schultz derives his target and rating from his probability scale around the midstream business, assigning a 65% chance that EQT GP (EQGP) is the surviving entity post midstream simplification and a 30% chance that EQT Midstream Partners is the surviving entity.
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