Dahlman Rose Starts PetroLogistics LP (PDH) at Buy; Pioneer/Beneficiary in Transformation of U.S. Chemical Industry

September 10, 2012 8:52 AM EDT Send to a Friend
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Price: $14.15 --0%

Rating Summary:
    3 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 29 | Down: 28 | New: 24
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Dahlman Rose initiates coverage on PetroLogistics LP (NYSE: PDH) with a Buy. PT $16.00.

Analyst, Charles Neivert, said, "We see PDH as a pioneer in the trend toward on-purpose production of feedstock chemicals. At the same time, we expect the propane/propylene spread to widen as a result of supply compression and improving
demand."

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

Shares of PetroLogistics LP closed at $12.99 yesterday.


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