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Plains All American's Partial Divesture Of BridgeTex Turns BofA Bullish
Tuesday, September 11, 2018 - 4:26pm | 415Read More...Plains All American Pipeline, L.P. (NYSE: PAA) confirmed in late August it divested a 30-percent stake in BridgeTex Pipeline Co., eliminating any need for Plains to seek external equity financing, according to Bank of America Merrill Lynch. The Analyst Analyst Dennis Coleman upgraded Plains...
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Bank Of America Upgrades Enbridge On Derisked Story
Friday, August 17, 2018 - 3:14pm | 286Read More...Enbridge Inc (USA) (NYSE: ENB) reported strong second-quarter earnings on Aug. 3. The Analyst Bank Of America Merrill Lynch's Dennis P. Coleman upgraded Enbridge from Neutral to Buy and he increased his price target for the stock from $49 to $50. The Thesis The analyst continues to view...
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BofA Downgrades Spire On Lower Estimates, Valuation
Friday, May 4, 2018 - 2:19pm | 358Read More...Uncertainty over Spire Inc (NYSE: SR)’s St. Louis pipeline and a lack of many other near-term growth prospects led Bank of America Merrill Lynch to downgrade the Missouri-based utility company in a Friday note. The Analyst Bank of America Merrill Lynch’s Dennis Coleman...
