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Fly News Breaks for September 20, 2019
Sep 20, 2019 | 06:45 EDT
Morgan Stanley analyst Devin McDermott started NextDecade with an Underweight rating and $5 price target. Weak global gas prices and the willingness of supermajors to advance projects on balance sheet creates a "challenging environment" for independent greenfield players to execute new sale and purchase agreements, McDermott tells investors in a research note.