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Fly News Breaks for September 28, 2016
FGP
Sep 28, 2016 | 09:34 EDT
Piper Jaffray analyst Brian Gamble downgraded Ferrellgas Partners LP to Underweight from Neutral and lowered his price target for the shares to $14 from $20 saying there is "simply too much volatility" following the company's Q4 results. A distribution cut is "very likely" amid a lack of short term cash inflows following the termination of the Jamex agreement, Gamble tells investors in a research note.
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