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Fly News Breaks for June 11, 2019
MPLX
Jun 11, 2019 | 06:44 EDT
BofA Merrill Lynch analyst Dennis Coleman upgraded MPLX to Buy from Neutral, noting that the stock has underperformed since the company's merger announcement on May 8 despite the deal being accretive on a DCF/unit basis. He has a $39 price target on MPLX units.
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