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Fly News Breaks for March 21, 2017
GEL
Mar 21, 2017 | 17:40 EDT
MUFG analysts Barrett Blaschke and Bailey Johnson believe Genesis's 4M common unit follow-on offering shows that the company's management "places a higher value on working down its leverage than it does on distribution growth," and they maintain their Neutral rating and refined their price target to $37 per share.
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