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Fly News Breaks for April 7, 2016
RMP, RICE
Apr 7, 2016 | 08:16 EDT
Sterne Agee CRT increased its price target on Rice Energy (RICE) after conducting a sum of the parts analysis. The firm thinks that the stock's current price reflects little value for the company's midstream assets. The firm expects this situation to change as drop-downs to the midstream segment resume and as cash distributions from Rice Midstream PArtners (RMP) resume. Sterne Agee keeps a Buy rating on Rice Energy.
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