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Fly News Breaks for April 9, 2018
WES
Apr 9, 2018 | 08:09 EDT
Seaport Global analyst Bernie Colson downgraded Western Gas Partners to Neutral from Buy and cut its price target to $41 from $59. Colson believes the company needs to restructure and eliminate burdensome IDRs in order to remain competitive going forward and notes holders to absorb a distribution reduction as part of the consolidation.
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