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Fly News Breaks for November 5, 2019
TCP
Nov 5, 2019 | 05:41 EDT
UBS analyst Shneur Gershuni upgraded TC PipeLines to Buy from Neutral with a price target of $44, up from $39. With declining rig count and macro uncertainty, investors are looking for names with "both defensive and midstream unicorn characteristics," Gershuni tells investors in a research note. He believes TC PipeLines "ticks almost all the boxes."
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