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Wunderlich Securities Ponders How American Energy Deal Could Affect Markwest Energy Partners LP

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In a report published Tuesday, Wunderlich Securities analyst Abhishek Sinha reiterated a Buy rating and $88.00 price target on Markwest Energy Partners LP (NYSE: MWE).

In the report, Wunderlich Securities noted, “Yesterday, after the close, MarkWest Energy Partners announced the completion of definitive agreements with American Energy – Utica, (AEU), an affiliate of American Energy Partners, LP, to provide natural gas gathering, processing, and fractionation services in the Utica Shale in Ohio. AEU has a significant acreage position in the Utica and has dedicated more than 60,000 net acres in the rich gas and condensate windows to MarkWest.”

Markwest Energy Partners LP closed on Monday at $77.43.

Latest Ratings for MWE

DateFirmActionFromTo
Nov 2015MaintainsBuy
Nov 2015MaintainsBuy
Oct 2015MaintainsBuy

View More Analyst Ratings for MWE
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Posted-In: Abhishek Sinha Wunderlich SecuritiesAnalyst Color Analyst Ratings

 

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