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Sell-Side Reacts To EnLink Midstream's Proposed MLP Buyout
Tuesday, October 23, 2018 - 3:06pm | 746EnLink Midstream LLC (NYSE: ENLC) announced Monday ahead of the market open an agreement for buying all outstanding common units of EnLink Midstream Partners LP (NYSE: ENLK) in a bid to simplify its corporate structure. The Analysts The sell-side was broadly optimistic on the announcement....
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CVR Refining's Run Is Jeopardized By The Brent/WTI Spread, Analyst Says
Wednesday, November 15, 2017 - 5:13pm | 329CVR Refining LP (NYSE: CVRR) shares have gained nearly 80 percent since August, when the spread between Brent crude and WTI began to widen, but the current spread does not appear sustainable, according to UBS. The Analyst UBS’ Spiro Dounis downgraded CVR Refining from Neutral to...
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Marathon Runs Out Of Upside, UBS Downgrades
Wednesday, November 15, 2017 - 1:11pm | 505Marathon Petroleum Corp (NYSE: MPC) shares have run up sharply in the year-to-date period, prompting UBS to move to the sidelines. The firm's toned-down view comes despite improved refining fundamentals. The Analyst UBS analyst Spiro Dounis downgraded shares of Marathon Petroleum from...
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UBS Expects A Scorpio Tankers Inflection Point In 2018
Monday, November 13, 2017 - 3:50pm | 368Scorpio Tankers Inc. (NYSE: STNG) could benefit from a looming supply-demand inflection point for product tankers in 2018, leading UBS to raise its outlook on the company. The Analyst UBS analyst Spiro Dounis upgraded shares of Scorpio Tankers from Neutral to Buy and increased its price...
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Calls Of Note: The Research Moving Stocks On Friday
Friday, September 4, 2015 - 12:40pm | 841The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Bank Of America Upgrades Dollar Tree To Buy Denise Chai of Bank of America upgraded shares of Dollar Tree, Inc. (NASDAQ: DLTR) to Buy from Neutral...
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UBS Is Upgrading Scorpio Bulkers
Tuesday, May 5, 2015 - 10:26am | 281In a report published Tuesday, UBS analyst Spiro Dounis upgraded shares of Scorpio Bulkers Inc (NYSE: SALT) to Buy from Neutral with a price target raised to $3.50 from a previous $2.75 ahead of impending vessel sales that will "lift" a "funding overhang" that has created a negative sentiment on...