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Sunoco Shares A Buy On Credit Suisse's Upgrade To Outperform
Wednesday, December 21, 2016 - 10:38am | 372Read More...Having lost $21.21 per unit on November 28, shares of Sunoco LP (NYSE: SUN) are down roughly 21 percent quarter-to-date and approximately 42 percent year-to-date. The company’s shares are currently trading at a lifetime low, Credit Suisse’s John Edwards said in a report. He upgraded the...
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Optimism In MLPs: U.S. Elections A Huge Positive
Monday, November 14, 2016 - 12:02pm | 624Read More...Trump’s victory in the U.S. presidential election has seen a “marked rise” in management optimism across the MLP (Master Limited Partnership) group, Credit Suisse’s John Edwards said in a report. He added that the forecasts had been updated across the Energy Transfer family...
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Credit Suisse Upgrades Kinder Morgan Ahead Of Expected Mid-2018 Dividend Step Up
Thursday, October 20, 2016 - 7:44am | 266Read More...Kinder Morgan Inc (NYSE: KMI) reported its Q3 results, with the EBITDA ahead of the consensus and the estimate. Credit Suisse’s John Edwards upgraded the rating on the company from Neutral to Outperform, while raising the price target from $23 to $26. Edwards mentioned that despite the...
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Credit Suisse Upgrades Enterprise Products Partners To Outperform
Monday, September 19, 2016 - 8:50am | 365Read More...Credit Suisse upgraded Enterprise Products Partners L.P. (NYSE: EPD) to Outperform from Neutral, saying the recent drop in share price offers an attractive entry into a long-term core holding. Over the past three months, shares of Enterprise fell more than 6 percent versus S&P 500's +3.27...
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Credit Suisse Upgrades Enbridge Partners Following Strong Quarter
Monday, August 1, 2016 - 8:10am | 316Read More...Enbridge Energy Partners, L.P. (NYSE: EEP) reported solid results ahead of expectations. Credit Suisse’s John Edwards upgraded the rating on the company from Neutral to Outperform, while raising the price target from $25 to $27. 2Q16 Results Enbridge Energy Partners reported its...
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Credit Suisse Analysts Surprised By Price Rally In Plains All American Shares
Wednesday, July 13, 2016 - 8:14am | 294Read More...In a bid to reduce costs, Plains All American Pipeline, L.P. (NYSE: PAA) announced that it had entered into a simplification transaction with Plains GP Holdings LP (NYSE: PAGP). The rally in shares following the announcement comes as a surprise, Credit Suisse’s John Edwards said in a report...
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Credit Suisse On Plains All American: Plain, But Not Simple Yet
Thursday, May 26, 2016 - 9:21am | 219Read More...Credit Suisse's John Edwards reiterated Plains All American Pipeline, L.P. (NYSE: PAA)/Plains GP Holdings LP (NYSE: PAGP)'s Neutral rating with price targets of $26.00 and $11.00, respectively. "The main takeaway from PAA's investor day [...] was management's description of PAA's ongoing strategy...
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Looking A Gift Horse In The Mouth? Credit Suisse Upgrades Midcoast Energy Partners
Tuesday, May 3, 2016 - 9:43am | 245Read More...Midcoast Energy Partners LP (NYSE: MEP) reported better-than-expected 1Q16 EBITDA of $23.6 million. Credit Suisse’s John Edwards upgraded the rating for Midcoast Energy Partners from Underperform to Neutral, while raising the price target from $5 to $6. Operational Beat Driven By Cost...
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Credit Suisse: Don't Buy Columbia Pipleline Stock On TransCanada Deal
Friday, March 18, 2016 - 12:00pm | 227Read More...Credit Suisse’s John Edwards maintained an Underperform rating for Columbia Pipeline Group Inc (NYSE: CPGX), while raising the price target from $25 to $25.50. The rating for Columbia Pipeline Partners LP (NYSE: CPPL) has been upgraded to Outperform, with the price target being raised from...
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Credit Suisse Issues A Wave Of MLP Downgrades (And One Upgrade)
Thursday, March 17, 2016 - 1:26pm | 461Read More...In a new report, Credit Suisse analyst John Edwards issues a series of downgrades (and one upgrade) to a number of MLPs following the big rally in the space in recent weeks. According to Edwards, the severity of the oil downturn has called into question the entire MLP model. “The accepted...
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MLP Midcoast Energy Double-Downgraded By Credit Suisse After 20% Selloff
Thursday, February 18, 2016 - 10:09am | 238Read More...Credit Suisse’s John Edwards downgraded the rating for Midcoast Energy Partners LP (NYSE: MEP) from Outperform to Underperform, while reducing the price target from $16 to $5. He noted that while the company made good progress in 2015, it was inadequate in the face of its rapidly...
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Credit Suisse Downgrades Plains GP Holdings, Slashes Target On Plains All American
Wednesday, February 10, 2016 - 9:15am | 368Read More...Plains GP Holdings LP (NYSE: PAGP) shares have plummeted 59 percent since November 10, while shares of Plains All American Pipeline, L.P. (NYSE: PAA) have lost 44 percent. Credit Suisse’s John Edwards downgraded the rating for Plains GP Holdings, while reducing the price targets for...
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Credit Suisse Upgrades Kinder Morgan To Outperform, Sees 40% Upside
Thursday, January 28, 2016 - 10:31am | 300Read More...Kinder Morgan Inc (NYSE: KMI) shares have been on a downward trajectory over the past six months, and have lost 60 percent since July 28. Credit Suisse’s John Edwards upgraded the rating for the company from Neutral to Outperform, while raising the price target from $18 to $20....
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Is Kinder Morgan Worth $18?
Thursday, January 21, 2016 - 5:27pm | 267Read More...Credit Suisse analysts John Edwards and Bhavesh Lodaya reiterated a Neutral rating and $18.00 price target on shares of Kinder Morgan Inc (NYSE: KMI) on Wednesday. The company reported earnings of $0.22 per share, beating the Street's consensus of $0.17 per share. Revenue of $3.636...
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Credit Suisse Upgrades ONEOK To Outperform After Stock Down 52% In 2015
Thursday, December 31, 2015 - 9:25am | 280Read More...Shares of ONEOK, Inc. (NYSE: OKE) have declined 52.92 percent year to date, while those of Oneok Partners LP (NYSE: OKS) have declined 29.52 percent during the same period. John Edwards of Credit Suisse has upgraded the rating on ONEOK from Neutral to Outperform, while raising the price...
