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Stock Market & Financial Investment News

News Breaks
July 16, 2014
09:22 EDTMICMacquarie Infrastructure price target raised to $72-$75 from $62-$68 at Wells Fargo
Wells Fargo increased its price target on Macquarie Infrastructure as the firm is upbeat on the company's deal to acquire the 50% of International-Matex Tank Terminals it does not currently own. The firm raised its estimates on Macquarie Infrastructure and keeps an Outperform rating on the shares.
News For MIC From The Last 14 Days
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August 14, 2015
07:29 EDTMICMacquarie Infrastructure shares should be bought on weakness, says SunTrust
Noting that Macquarie has dropped 7% since reporting its Q2 results on August 4, Oppenheimer says that the decline was due to a drop in yield vehicles and a complex earnings call. However, the firm contends that the company's guidance is conservative, while its underlying cash flows could rise at least 14% annually. Oppenheimer keeps a $100 price target and Outperform rating on the shares.

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