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Fly News Breaks for November 5, 2015
PAA
Nov 5, 2015 | 07:40 EDT
As noted earlier, Stifel downgraded Plains All American to Hold from Buy. The firm downgraded the stock after the company lowered its 2015 guidance and postponed providing 2016 guidance until February. The firm thinks that increased competition and lower oil production will negatively impact the company's transportation volume growth and margins going forward.
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