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Fly News Breaks for July 18, 2016
GEL
Jul 18, 2016 | 07:02 EDT
Wells Fargo analyst Michael Blum upgraded Genesis Energy, L.P to Outperform saying an equity issuance is more likely now with the "capital markets thawing," which could act as a positive catalyst for the stock. The analyst raised his price target range for the shares to $43-$46 from $35-$39.
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