By: Benzinga
UPDATE: J.P. Morgan Initiates LinnCo LLC with Overweight Rating on Benefits of Growing MLP
In a report published Wednesday, J.P. Morgan initiated coverage on LinnCo LLC (NASDAQ: LNCO ) with an Overweight rating and $43.00 price target. J.P. Morgan noted, “LNCO units represent a new, unique structure that is able to preserve the benefits of efficient MLP tax treatment within a C-Corporation wrapper, with
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