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Fly News Breaks for August 8, 2016
SMLP
Aug 8, 2016 | 07:56 EDT
As previously reported, Credit Suisse upgraded Summit Midstream to Outperform from Neutral and raised its price target to $30 from $27. Analyst John Edwards said Summit's Street estimates will have to come up higher following the Q2 beat and continues to believe they estimates have backed in too much conservatism for the Utica footprint where the company stands to benefit from expected growth of both wet gas and dry gas production.
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