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Fly News Breaks for June 21, 2017
EQM, EQT, RICE, RMP
Jun 21, 2017 | 07:31 EDT
MUFG analyst Barrett Blaschke downgraded Rice Midstream (RMP) to Neutral from Overweight as he no longer expects it to complete a dropdown in the second half of 2017 since these assets will now be contributed to EQT Midstream (EQM) following EQT's (EQT) deal to buy Rice Energy (RICE). He cut his price target on Rice Midstream shares to $23 from $32, stating that doesn't expect EQT to announce a solution to its midstream holdings until the end of 2018.
News For RMP;RICE;EQT;EQM From the Last 2 Days
