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Fly News Breaks for May 6, 2016
TEP, SRE, TEGP
May 6, 2016 | 08:53 EDT
As reported previously, Baird upgraded Tallgrass Energy GP (TEGP) to Outperform from Neutral. The firm cited benefits from Tallgrass Energy's (TEP) acquisition of Sempra's (SRE) interest in REX and its revised estimates upon completion of the deal in Q2. Baird raised its price target to $30 from $21 on Tallgrass Energy GP shares.