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Fly News Breaks for September 9, 2016
MMLP
Sep 9, 2016 | 07:17 EDT
FBR Capital analyst Robert Balsamo initiated Martin Midstream Partners with an Outperform and $27 price target. The analyst said shares remain undervalued, even with a potential 25% distribution cut, and said cash flows are driven by assets with stable demand, and the partnership has a supportive sponsor.
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