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Fly News Breaks for December 3, 2019
WES
Dec 3, 2019 | 05:56 EDT
Citi analyst Timm Schneider lowered his price target for Western Midstream Partners to $23 from $26 as a result of updated operating assumptions. The analyst, however, keeps a Buy rating on the shares. While Western Midstream is in a better spot than some of its single basin peers without sponsor supports, the "sentiment overhang" on the stock may persist, Schneider tells investors in a research note.
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