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Fly News Breaks for February 26, 2016
TRGP
Feb 26, 2016 | 06:15 EDT
Credit Suisse analyst John Edwards upgraded Targa Resources to Neutral following the issuance of $500M of preferred units. The analyst said the offering improves the balance sheet and no longer believes the company will have to cut the dividend. Edwards lowered his price target to $33 from $36 on Targa shares.
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