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Fly News Breaks for May 31, 2016
SEP
May 31, 2016 | 07:14 EDT
Stifel analysts led by Selman Akyol initiated Spectra Energy Partners with a Buy and $50 price target. The analyst said Spectra assets are positioned to benefit from the growing Marcellus/Utica shale with a number of projects in various stages of development while the partnership has provided annual distribution growth guidance of approximately 7.5% through 2018 with coverage of 1.20x.
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