Goldman Sachs Upgraded Spectra Energy (SE) to Conviction Buy
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Goldman Sachs upgraded Spectra Energy (NYSE: SE) from Neutral to Buy and added the stock to their Conviction Buy list. The firm cited near-term leverage to higher expected NGL prices, and its exposure to bullish natural gas infrastructure fundamentals.
In the Diversified Utilities sector the firm also reiterated their Buy ratings on (NYSE: OKE), (NYSE: EPD), (NYSE: KMR), (NYSE: EPB), and (NYSE: MMP).
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