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Fly News Breaks for June 18, 2018
KMI
Jun 18, 2018 | 06:10 EDT
Wells Fargo analyst Michael Blum upgraded Kinder Morgan to Outperform with a $20 price target. The analyst views the stock's risk/reward as favorable with "minimal downside" and 20% upside potential. He highlights Kinder Morgan's improved balance sheet following the announced sale of TMX, and an anticipated shift in drilling activity to less constrained basins including the Eagle Ford and Bakken.
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