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Fly News Breaks for August 24, 2015
MPC
Aug 24, 2015 | 07:24 EDT
BofA/Merill downgraded Marathon Petroleum to Underperform and lowered its price target to $56 from $64. The firm believes the Refining sector has reverted to a trading sector and downgrade shares ahead of a seasonal slow-down in demand and a deteriorating macro backdrop.
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