Goldman Sachs Upgraded Spectra Energy (SE) to Conviction Buy

October 9, 2009 6:57 AM EDT

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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Stocks Mentioned

EPB 22.45

-0.04 -0.18%
Volume: 224,338
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EPD 29.32

-0.01 -0.03%
Volume: 1,047,519
Track EPD

KMR 48.95

+0.58 +1.20%
Volume: 139,438
Track KMR

MMP 39.58

+0.08 +0.20%
Volume: 277,265
Track MMP

OKE 39.71

+0.63 +1.61%
Volume: 574,200
Track OKE

SE 19.39

+0.29 +1.52%
Volume: 3,647,309
Track SE


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