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Fly News Breaks for August 12, 2015
LGCY
Aug 12, 2015 | 07:44 EDT
As noted earlier, Oppenheimer downgraded Legacy Reserves to Underperform from Perform. The firm says that the most recent decline in oil prices will cause the company to "slash" its distribution in Q1. Oppenheimer prefers to invest in "mainstream" MLPs.
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