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Fly News Breaks for March 22, 2016
SUN
Mar 22, 2016 | 06:16 EDT
Jefferies analyst Christopher Sighinolfi downgraded Sunoco to Hold on expectations the company will halt its quarterly distribution growth through 2017 due to its debt levels. The analyst cut his price target for the shares to $35 from $50 and cites valuation for the downgrade.
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