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Fly News Breaks for January 13, 2017
GLBL
Jan 13, 2017 | 07:38 EDT
JPMorgan analyst Mark Strouse assumed coverage of TerraForm Power with a Neutral rating and no price target. The rating is unchanged from the prior coverage. The shares are trading close to fair value under a sale/partial sale scenario, while upside risk from a possible new sponsorship agreement is offset by downside risk from the company continuing on a standalone basis without a sponsor, the analyst contends.
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