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Fly News Breaks for January 6, 2017
TLLP
Jan 6, 2017 | 08:50 EDT
As previously reported, Morgan Stanley downgraded Tesoro Logistics (TLLP) to Overweight from Equal Weight and raised its price target to $59 from $55. Analyst Tom Abrams sees attractive GARP value with improved organic growth opportunities in the Permian and access to the Gulf Coast following the merger of Tesoro (TSO) and Western Refining (WNR).
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