UPDATE: Goldman Sachs Initiates USA Compression Partners at Buy on Yield and Growth

Goldman Sachs initiated USA Compression Partners

with a Buy rating and a $20.00 price target. Goldman Sachs commented, "USAC offers exposure to shale-driven energy infrastructure growth and fee-based cash flows with no commodity price risk. At 9.5%, USAC trades at the highest upfront yield in our coverage universe (ex-NKA), well above the 6.6% group average, and offers solid 5-6% annual distribution growth. We are buyers of the stock due to growing demand for compression, USAC's presence in attractive basins, a history of strong utilization rates and margins, and an experienced management team." USA Compression Partners closed at $17.95 on Friday.