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Fly News Breaks for December 8, 2016
MPLX
Dec 8, 2016 | 06:34 EDT
Evercore ISI analyst Timm Schneider upgraded MPLX to Buy and raised its price target to $39 from $27. The analysts' updated forecasts assumes an accelerated drop-down schedule and IDR buyout, paving the way for a fair compromise between both activist investors and management.
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