Tudor Pickering Downgrades Several Oil & Gas Pipelines Stocks..And Upgraded One

This morning, Tudor Pickering downgraded several Oil & Gas Pipelines stocks..and upgraded one.

Tudor cut Sunoco Logistics Partners (NYSE: SXL)(-2.71%) and Kinder Morgan Energy Partners (NYSE: KMP)(-1.55%) from Hold to Trim.

The firm lowered Enterprise Products Partners (NYSE: EPD)(-1.92%), Kinder Morgan Management (NYSE: KMR)(-1.10%), Targa Resources Partners (Nasdaq: NGLS)(+0.23%), and Williams Partners (NYSE: WPZ)(-1.04%) from Accumulate to Hold.

Tudor also downgraded Targa Resources Corp. (Nasdaq: TRGP)(-2.48%) from Buy to Accumulate.

However, the firm did issue a sole upgrade....to El Paso Pipeline (NYSE: EPB)(-1.40%), up from Hold to Accumulate. Shares opened higher, but then sunk into negative territory.

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