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Fly News Breaks for March 30, 2015
LINE, LNCO
Mar 30, 2015 | 05:52 EDT
UBS downgraded LinnCo (LNCO) to Sell saying LINN Energy's (LINE) leverage above five times, upcoming debt redeterminations and weak commodity pricing bring the potential for significant distribution cuts. The firm dropped its price target for shares to $8 from $11.50. UBS also downgraded LINN Energy this morning to Sell.
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