Loading...
Loading...
Morgan Keegan is out with its report today on MarkWest Energy Partners
MWE, lowering its PT from $57 to $56.
In a note to clients, Morgan Keegan writes, "We are raising our targeted yield range by 25bps to 5.25%- 5.75% due to general macro concerns over sovereign debt which has the effect of lowering our 12-month price target by $1 to $56. We estimate MWE's 12-mo total return potential as 18%-28%. Maintain Outperform."
At the time of posting, shares of MWE were trading at $48.28, down 0.12% from Tuesday's close.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: Analyst ColorPrice TargetAnalyst RatingsEnergyMorgan KeeganOil & Gas Storage & Transportation
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in