Dahlman Rose Starts PetroLogistics LP (PDH) at Buy; Pioneer/Beneficiary in Transformation of U.S. Chemical Industry
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Price: $13.64 -0.8%
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Trade PDH Now!
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, with a 52 week range of $10.00-$17.06.
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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, with a 52 week range of $10.00-$17.06.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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