From Earlier: Wunderlich Securities Comments on Vanguard Natural Resources

Wunderlich Securities provided color on Vanguard National Resources

in a research report published today. Wunderlich Securities has a Buy rating and $33 price target on the company. In the report, Wunderlich Securities stated, "We believe Vanguard is an attractive investment due to its distribution growth profile, total return potential, its limited exposure to commodity prices due to its hedging program, and the transformative nature of the Encore Energy Partners acquisition." Shares of Vanguard National Resources closed Wednesday at $28.56, down 1.86% from Tuesday's market close.