Stifel Downgrades Energy Transfer Partners (ETP) to Hold Following Acquisition

November 22, 2016 8:51 AM EST
Get Alerts ETP Hot Sheet
Price: $34.38 +3.49%

Rating Summary:
    15 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 31 | New: 42
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Stifel downgraded Energy Transfer Partners (NYSE: ETP) from Buy to Hold with a price target of $37.00 (from $48.00) after the company agreed to be acquired by Sunoco Logistics Partners L.P..

For an analyst ratings summary and ratings history on Energy Transfer Partners click here. For more ratings news on Energy Transfer Partners click here.

Shares of Energy Transfer Partners closed at $36.52 yesterday.



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