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PetroLogistics (PDH +7.5%) is upgraded to Buy from Neutral at Citigroup, which believes...

PetroLogistics (PDH +7.5%) is upgraded to Buy from Neutral at Citigroup, which believes propylene prices, which currently trade at a discount to Brent crude, will correct higher in the near term, and propane supplies remain ample due to shale gas fracking with higher propane prices not yet affecting the propylene market.
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