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Stock Market & Financial Investment News

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February 19, 2014
07:09 EDTGELGenesis Energy growth outlook storng as new projects ramp, says RBC Capital
After Genesis Energy reported lower than expected Q4 EBITDA, RBC Capital advises investors to focus on what the firm sees as the company's increasingly integrated crude logistics footprint and the company's ability to maintain 10%-11% annual distribution growth. RBC Capital thinks the company's growth outlook is strong as its new projects ramp, and it keeps an Outperform rating on the shares.
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