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Fly News Breaks for October 13, 2016
OKS
Oct 13, 2016 | 06:47 EDT
Piper Jaffray analyst Brian Gamble downgraded ONEOK Partners to Neutral saying NGL-weighted stocks are less appealing over at least the next 6 months. The analyst sees a lack of near-term catalysts for shares with the timing of NGL supply-demand balancing unlikely until at least the second half of 2017. Gamble lowered his price target for the shares to $44 from $46.
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