JP Morgan Downgrades Midcoast Energy Partners To Underweight

Analysts at JP Morgan downgraded

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.