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Fly News Breaks for March 31, 2016
TRP
Mar 31, 2016 | 07:29 EDT
Citi analyst Faisel Khan upgraded TransCanada to Buy citing management's willingness to part with a large portion of the company's power assets. Such asset sales would "clean up" the company's portfolio to remove the cyclical nature of these earnings, Khan tells investors in a research note. He raised his price target for TransCanada to C$55 from C$50.
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