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Fly News Breaks for March 1, 2017
MPC, MPLX
Mar 1, 2017 | 12:12 EDT
As previously reported, MUFG analyst Barrett Blaschke upgraded MPLX (MPLX) to Overweight from Neutral after the company completed a dropdown transaction from its sponsor Marathon Petroleum (MPC), citing valuation and the partnership's execution on its dropdown plan. He raised his price target on MPLX units to $43 from $42.
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