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Fly News Breaks for January 7, 2020
GLP
Jan 7, 2020 | 09:20 EDT
As previously reported,Wells Fargo analyst Ned Baramov downgraded Global Partners to Underweight from Equal Weight with a price target of $20, down from $21. The analyst cited continued existence of IDRs, liquidity given the partnership's relatively small size, relatively high leverage, and lack of visibility into future growth.
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