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Fly News Breaks for January 12, 2017
ETE
Jan 12, 2017 | 08:52 EDT
As previously reported, Raymond James upgraded Energy Transfer Equity to Outperform from Market Perform and established a $23 price target. Analyst Darren Horowitz is more constructive on shares given its direct exposure/leverage to underlying cash flow growth from a diverse set of operating LPs and recent strategic actions taken by the family and positive developments as of late regarding the external headwinds, have led to a material improvement in ETE's risk profile.
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