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Fly News Breaks for July 13, 2016
PAA, PAGP
Jul 13, 2016 | 07:21 EDT
As reported previously, Baird upgraded Plains GP Holdings (PAGP) and Plains All American (PAA), both to Neutral from Underperform. The firm said both are leaner and the distribution cuts are credit positive and sustainable. Baird raised its price target to $12 from $5 on Plains GP Holdings and raised its price target to $30 from $14 on Plains All American shares.
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