Wunderlich Initiates American Midstream Partners At Buy

Analysts at Wunderlich initiated coverage on shares of American Midstream Partners, LP AMID with a Buy rating. The target price for American Midstream is set to $23. American Midstream Partners shares have dropped 33.17% over the past 52 weeks, while the S&P 500 index has surged 10.30% in the same period. American Midstream's shares slipped 0.06% to close at $17.55 yesterday.