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UPDATE: Bank of America Downgrades Teekay Offshore Partners on Mixed Factors
Monday, November 11, 2013 - 9:26am | 159Read More...In a report published Monday, Bank of America analyst Gabe Moreen downgraded the rating on Teekay Offshore Partners (NYSE: TOO) from Buy to Neutral, but reiterated the $35.00 price target. In the report, Bank of America noted, “We downgrade TOO to Neutral (from Buy) based on the following: 1)...
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UPDATE: Bank of America Initiates Coverage on Western Refining Logistics LP on Solid Operating Assets, Balanced Growth Profile
Monday, November 4, 2013 - 11:32am | 175Read More...In a report published Monday, Bank of America analyst Gabe Moreen initiated coverage on Western Refining Logistics LP (NYSE: WNRL) with a Buy rating and $29.00 price target. In the report, Bank of America noted, “Western Refining Logistics, LP (WNRL) offers unitholders the ability to invest in a...
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UPDATE: Bank of America Downgrades Eagle Rock Energy Partners LP as Cash Distribution is Less Sustainable
Tuesday, October 29, 2013 - 10:44am | 184Read More...In a report published Tuesday, Bank of America analyst Gabe Moreen downgraded the rating on Eagle Rock Energy Partners LP (NASDAQ: EROC) from Buy to Neutral, and lowered the price target from $9.50 to $7.00. In the report, Bank of America noted, “After market close on 28 Oct., EROC announced...
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UPDATE: Bank of America Initiates Coverage on Clearbridge Energy MLP Total Return Fund on Valuation
Monday, September 16, 2013 - 8:52am | 186Read More...In a report published Monday, Bank of America analyst Gabe Moreen initiated coverage on Clearbridge Energy MLP Total Return Fund (NYSE: CTR) with a Neutral rating. In the report, Bank of America noted, “We believe CTR's current yield fairly reflects underlying MLP sector characteristics. YTD as of...
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UPDATE: Bank of America Downgrades TC Pipelines LP on Multiple Negative Factors
Friday, August 23, 2013 - 10:06am | 147Read More...In a report published Friday, Bank of America analyst Gabe Moreen downgraded the rating on TC Pipelines LP (NYSE: TCP) from Buy to Underperform, and lowered the price target from $53.00 to $51.00. In the report, Bank of America noted, “We downgrade TCP to Underperform (from Buy) for the following...
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UPDATE: Bank of America Upgrades Williams Partners LP Following Improvements in NGL Fundamentals/Frac Spreads
Friday, August 23, 2013 - 9:33am | 171Read More...In a report published Friday, Bank of America analyst Gabe Moreen upgraded the rating on Williams Partners LP (NYSE: WPZ) from Neutral to Buy, and raised the price target from $51.00 to $55.00. In the report, Bank of America noted, “We upgrade WPZ to Buy (from Neutral) due to recent improvement in...
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UPDATE: Bank of America Upgrades Oneok Partners LP on NGL Trough, Removal of Overhang
Friday, August 23, 2013 - 9:33am | 187Read More...In a report published Friday, Bank of America analyst Gabe Moreen upgraded the rating on Oneok Partners LP (NYSE: OKS) from Underperform to Buy, and raised the price target from $45.00 to $55.00. In the report, Bank of America noted, “We upgrade OKS to Buy (from Underperform) based on an...
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UPDATE: Bank of America Initiates Phillips 66 Partners LP with Neutral on Mixed Factors
Monday, August 19, 2013 - 10:20am | 169Read More...In a report published Monday, Bank of America analyst Gabe Moreen initiated coverage on Phillips 66 Partners LP (NYSE: PSXP) with a Neutral rating and $34.00 price target. In the report, Bank of America noted, “Phillips 66 Partners, LP (PSXP), owns and operates crude oil and refined product...
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UPDATE: Bank of America Raises PT on Markwest Energy Following Kinder Morgan JV Announcement
Tuesday, August 13, 2013 - 11:42am | 193Read More...In a report published Tuesday, Bank of America analyst Gabe Moreen reiterated a Buy rating on Markwest Energy (NYSE: MWE), and raised the price target from $70.00 to $74.00. In the report, Bank of America noted, “Concurrent with releasing 2Q13 results, MWE announced it entered into a JV with...
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UPDATE: Bank of America Downgrades Vectren on Valuation
Monday, August 5, 2013 - 8:17am | 172Read More...In a report published Monday, Bank of America analyst Gabe Moreen downgraded Vectren (NYSE: VVC) from Neutral to Underperform, but raised the price target from $32.00 to $33.00. In the report, Bank of America noted, “On 18 June 2013, VVC disposed of its ProLiance energy marketing assets, a...
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Bank of America Reiterates Neutral Rating on Martin Midstream Partners LP Following 2Q13 DCF Report
Friday, August 2, 2013 - 9:27am | 151Read More...In a report published Friday, Bank of America analyst Gabe Moreen reiterated a Neutral rating and $47.00 price target on Martin Midstream Partners LP (NASDAQ: MMLP). In the report, Bank of America noted, “Yesterday after market close, MMLP reported 2Q13 distributable cash flow (DCF) of $21mn,...
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UPDATE: Bank of America Initiates NGL Energy at Buy on Multiple Positive Factors
Monday, July 22, 2013 - 8:36am | 177Read More...In a report published Monday, Bank of America analyst Gabe Moreen initiated coverage on NGL Energy (NYSE: NGL) with a Buy rating and $33.00 price target. In the report, Bank of America noted, “NGL Energy Partners, LP (NGL) is a diversified midstream MLP with four core business lines: 1) water...
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UPDATE: Bank of America Raises PT on Delek Logistics on Attractive Risk/Reward Profile
Wednesday, July 3, 2013 - 11:24am | 181Read More...In a report published Wednesday, Bank of America analyst Gabe Moreen reiterated a Buy rating on Delek Logistics Partners LP (NYSE: DKL), and raised the price target from $25.00 to $36.00. In the report, Bank of America noted, “YTD, DKL has produced a total return of 45% versus 22% for the Alerian...
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UPDATE: Bank of America Initiates Martin Midstream Partners LP with Neutral on Balanced Risk/Reward
Wednesday, July 3, 2013 - 9:06am | 104Read More...In a report published Wednesday, Bank of America analyst Gabe Moreen initiated coverage on Martin Midstream Partners LP (NASDAQ: MMLP) with a Neutral rating and $47.00 price target. In the report, Bank of America noted, “MMLP offers a diverse set of operations to collect, transport, store and...
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UPDATE: Bank of America Downgrades Oiltanking Partners LP to Underperform on Valuation
Wednesday, July 3, 2013 - 8:35am | 157Read More...In a report published Wednesday, Bank of America analyst Gabe Moreen downgraded the rating on Oiltanking Partners LP (NYSE: OILT) from Neutral to Underperform, but raised the price target from $38.00 to $46.00. In the report, Bank of America noted, “With a current yield of 3.2% (versus the Alerian...

