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Fly News Breaks for February 27, 2017
WGP
Feb 27, 2017 | 06:51 EDT
BofA/Merrill analyst Gabe Moreen upgraded Western Gas Equity (WGP) to Neutral and raised the price target to $46 from $41 saying it offers a more attractive valuation proposition relative to Western Gas Partners (WES), which was downgraded to Underperform. Further, the analyst believes Western Gas Equity's double-digit distribution growth guidance through 2018 is achievable.
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