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Fly News Breaks for August 28, 2017
PAA
Aug 28, 2017 | 08:01 EDT
As noted earlier, BMO Capital upgraded Plains All American to Outperform from Market Perform. Analyst Danilo Juvane expects the company to benefit from debt load reductions and dividend growth starting in 2019, driven by "recently announced $1.20/unit rebased distribution, asset sales, and about $600M imminent preferred equity issuance,." Target to $25 from $22,
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