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Fly News Breaks for October 22, 2015
KMI
Oct 22, 2015 | 06:07 EDT
Credit Suisse downgraded Kinder Morgan to Neutral and lowered its price target to $39 from $51 following the Q3 miss and a reduction in the dividend growth outlook. Analyst John Edwards is not surprised by the cut and said if Kinder Morgan is resorting to creative financing alternatives, weaker players must also be facing equity issuance issues.
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