Fly News Breaks for March 20, 2017
Mar 20, 2017 | 06:59 EDT
As previously reported, Janney Capital analyst Michael Gyure upgraded Sprague Resources to Buy from Neutral, saying that he now believes most of any potential shortfall in earnings due to a potentially warmer than expected winter heating season will be offset by contributions from new assets and expansion projects. He raised his fair value estimate on Sprague shares to $31 from $28.
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