Morgan Stanley Downgrades Magellan Midstream Partners (MMP) to Underweight

August 18, 2016 6:58 AM EDT
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Price: $68.17 -1.5%

Rating Summary:
    11 Buy, 7 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 23 | Down: 24 | New: 8
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Morgan Stanley downgraded Magellan Midstream Partners (NYSE: MMP) from Equalweight to Underweight with a price target of $69.00 (from $73.00).

For an analyst ratings summary and ratings history on Magellan Midstream Partners click here. For more ratings news on Magellan Midstream Partners click here.

Shares of Magellan Midstream Partners closed at $70.94 yesterday.

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