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Fly News Breaks for March 19, 2018
TCP
Mar 19, 2018 | 06:27 EDT
UBS analyst Shneur Gershuni downgraded TC PipeLines to Neutral and lowered his price target for the shares to $36 from $55. The analyst downgrades the shares on FERC's ruling that it will revise its Policy Statement for Recovery of Income Tax Costs so that it no longer will allow master limited partnership interstate natural gas and oil pipelines to recover an income tax allowance in cost of service rates.
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