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Fly News Breaks for September 9, 2016
NGL
Sep 9, 2016 | 06:50 EDT
FBR Capital analyst Robert Balsamo initiated NGL Energy Partners with a Market Perform and $21 price target. The analyst has concerns regarding NGL include increased competition in the crude logistics segment, a plateauing retail propane segment, unsustainable acquisition activity, and potential declines in the water business.
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