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Stock Market & Financial Investment News

News Breaks
October 24, 2012
07:07 EDTSEPSpectra Energy upgraded to Outperform from Underperform at Credit Suisse
Credit Suisse upgraded Spectra Energy Partners (SEP) two notches to Outperform from Underperform following the purchase of a 38.8% stake in the Maritimes & Northeast Pipeline from Spectra Energy (SE). The firm believes the deal will result in increased distribution growth of roughly 6% from 3% currently. Price target raised to $34 from $31.
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