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Fly News Breaks for September 26, 2016
ETP, ETE
Sep 26, 2016 | 09:12 EDT
As previously reported, Baird analyst Ethan Bellamy upgraded Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP) to Outperform from Neutral as he believes the leverage situation is contained in the near-term and that its distributions are likely to remain stable through 2018. Bellamy raised his price target on Energy Transfer Equity to $20 from $7 and took up his target on Energy Transfer Partners to $45 from $25.
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