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Major MLP Crashes 20%, MUFG Analyst Sees More Concern Now
Friday, January 29, 2016 - 10:46am | 300Global Partners LP (NYSE: GLP) shares have been on a downward trajectory for the past three months, and have lost 52 percent since October 29. MUFG’s Barrett Blaschke downgraded the rating from Overweight to Neutral, while slashing the price target from $31 to $20. The reduction in...