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Fly News Breaks for December 9, 2019
VTNR
Dec 9, 2019 | 07:05 EDT
H.C. Wainwright analyst Amit Dayal initiated coverage of Vertex Energy with a Buy rating and $4 price target. The analyst believes IMO 2020 should yield around a 3.5 times adjusted EBITDA improvement in 2020 for the company. Further, the Tensile joint venture catalyst is "imminent and could be transformational," Dayal tells investors in a research note.
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