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Fly News Breaks for January 6, 2020
OKE
Jan 6, 2020 | 07:50 EDT
Morgan Stanley analyst Stephen Byrd initiated coverage of Oneok with an Underweight rating and $63 price target. The company's low free cash flow yield relative to peers peers could be difficult to sustain as ts EBITDA growth decelerates from "step-change" 2020 levels, Byrd tells investors in a research note. The analyst this morning initiated coverage of MLPs & Midstream Energy Infrastructure with an In-Line view.
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