UPDATE: Goldman Sachs Starts Enviva Partners LP (EVA) at Neutral

September 22, 2016 6:43 AM EDT
Get Alerts EVA Hot Sheet
Price: $27.25 --0%

Rating Summary:
    4 Buy, 2 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 9
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(Updated - September 22, 2016 9:11 AM EDT)

Goldman Sachs initiated coverage on Enviva Partners LP (NYSE: EVA) with a Neutral rating and a price target of $28.Analyst Brian Maguire sees the stock as fairly valued.

"While we like EVA’s exposure to the growing wood pellets market and its favorable contract structure, we believe these features are priced-in, and the stock is fairly valued," said the analyst.

For an analyst ratings summary and ratings history on Enviva Partners LP click here. For more ratings news on Enviva Partners LP click here.

Shares of Enviva Partners LP closed at $26.50 yesterday.

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