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Fly News Breaks for September 25, 2018
HEP
Sep 25, 2018 | 07:19 EDT
Barclays analyst Theresa Chen downgraded Holly Energy Partners to Underweight and lowered her price target for the shares to $28 from $30. The partnership faces around 1.0 times coverage in the foreseeable period and has limited growth visibility beyond inflation escalators and small organic projects, Chen tells investors in a research note. The analyst views the stock as fully valued following the recent rally.
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