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Fly News Breaks for March 16, 2016
GLOG
Mar 16, 2016 | 06:11 EDT
JPMorgan analyst Noah Parquette downgraded GasLog to Underweight citing risk of a "significant" dividend cut. Absent a cut, GasLog standalone could run out of unrestricted cash by the second half of 2017, Parquette tells investors in a research note. He lowered his price target for the shares to $9 from $10.
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