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Dahlman Rose Starts CVR Partners (UAN) at Hold; Competitively Advantaged, but We Remain Cautious on Industry

May 18, 2011 7:14 AM EDT
Get Alerts UAN Hot Sheet
Price: $75.85 -0.46%

Rating Summary:
    2 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 17 | Down: 14 | New: 17
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Dahlman Rose initiates coverage on CVR Partners (NYSE: UAN) with a Hold.

Dahlman analyst says, "We are initiating with a Hold Rating, as we appreciate the feedstock and transportation benefits of CVR Partners, but we are cautious on the agricultural fundamentals over the long term. We see a potential for additional flexibility and profit maximization once UAN capacity expansions are completed."

For more ratings news on CVR Partners click here and for the rating history of CVR Partners click here.

Shares of CVR Partners closed at $18.66 yesterday.


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