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Wunderlich Securities Adjusts MMP Estimates

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Wunderlich Securities is adjusting its estimates on Magellan Midstream Partners LP (NASDAQ: MMP).

“We are increasing our 2011 DCF estimate to $440 million from $407.6 million and our 2012 DCF estimate to $453.9 million from $448.9 million,” Wunderlich Securities writes. “We are increasing our 2011 EBITDA estimate to $613.1 million from $589.7 million and our 2012 EBITDA estimate to $631.3 million from $627.6 million.

“We are maintaining our 2011 distribution estimate at $3.155/unit and our 2012 distribution estimate at $3.3775/unit.”

Magellan Midstream Partners closed Wednesday at $57.53.

 

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Posted-In: magellan midstream partners Wunderlich SecuritiesAnalyst Ratings

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