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Fly News Breaks for September 22, 2017
TRP
Sep 22, 2017 | 08:11 EDT
Morgan Stanley analyst Tom Abrams started TransCanada with an Equal Weight rating and $53 price target, as he believes its "strong" long-term set up is currently offset by the nearer-term negatives of strong recent sector outperformance, elevated valuation and the potential for negative project and backlog headlines.