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UPDATE: Morgan Stanley Initiates Overweight on Midstream Petroleum Company; Repeatibility Drives Upside

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Morgan Stanley says in a recent note that it initiates its coverage on Midstream Petroleum Company (NYSE: MPO) with an Overweight rating and a price target of $20.

Morgan Stanley says, "MPO is well positioned as an onshore, high-growth, oily mid-cap producer with waterborne crude pricing matched by attractive relative valuation."

MPO closed at $14.92 on Monday.

Latest Ratings for MPO

DateFirmActionFromTo
Jul 2014FBR CapitalInitiates Coverage onMarket Perform
Jul 2014Northland SecuritiesDowngradesOutperformMarket Perform
Jun 2014SunTrust Robinson HumphreyMaintainsBuy

View More Analyst Ratings for MPO
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Price Target Reiteration Pre-Market Outlook Analyst Ratings

 

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