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Fly News Breaks for May 4, 2017
HEP
May 4, 2017 | 09:03 EDT
BofA/Merrill analyst Gabe Moreen downgraded Holly Energy Partners LP to Underperform from Buy saying the current valuation premium to peers is unwarranted. The analyst views the partnership's growth prospects as "underwhelming" and cut his price target for the shares to $36 from $39.
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