JP Morgan Downgrades Midcoast Energy Partners To Underweight

Analysts at JP Morgan downgraded Midcoast Energy Partners LP MEP from Neutral to Underweight. The price target for Midcoast Energy Partners has been lowered from $15.00 to $13.00. Midcoast Energy Partners shares have dropped 36.21 percent over the past 52 weeks, while the S&P 500 index has surged 11.87 percent in the same period. Midcoast Energy Partners' shares closed at $13.58 on Friday.