Market Overview

I think you’ll love what you hear,
what you’ll see and the opportunities
that will be set before you.
- Jon Najarian

UPDATE: Stifel Initiates Coverage On Atlas Resource Partners, L.P. On Positive Outlook


In a report published Monday, Stifel analyst Brian Brungardt Jr. initiated coverage on Atlas Resource Partners, L.P. (NYSE: ARP) with a Buy rating and $22.00 price target.

In the report, Stifel noted, “We are initiating coverage of Atlas Resource Partners LP (ARP) with a Buy rating and a $22 target price. With the recent acquisition of Eagle Ford assets and secured financing, we believe unitholders stand to benefit from a growing organic project backlog and diversified geographic footprint. By funding the acquisition through a mix of newly issued Class D preferreds and use of its credit revolver, we believe unitholders stand to benefit from an improving DPU coverage ratio in 4Q14 and into FY15.”

Atlas Resource Partners, L.P. closed on Friday at $19.08.

Latest Ratings for ARP

Mar 2016DowngradesNeutralSell
Feb 2016DowngradesHoldSell
Feb 2016DowngradesMarket PerformUnderperform

View More Analyst Ratings for ARP
View the Latest Analyst Ratings

Posted-In: Brian Brungardt Jr. StifelAnalyst Color Initiation Analyst Ratings


Related Articles (ARP)

View Comments and Join the Discussion!

Latest Ratings

View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Morning Market Movers

UPDATE: KLR Group Upgrades Rice Energy Inc