Goldman Sachs Upgrades NuStar Energy L.P. (NS) to Neutral
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Price: $21.96 --0%
Rating Summary:
3 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
3 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Goldman Sachs upgraded NuStar Energy L.P. (NYSE: NS) from Sell to Neutral with a price target of $61 (up from $55).
The firm said valuation now reflects 1) the risks associated with its asphalt refining operations and (2) its growing backlog of fee-based growth initiatives tied to its liquids infrastructure footprint.
For an analyst ratings summary and ratings history on NuStar Energy L.P. click here. For more ratings news on NuStar Energy L.P. click here.
Shares of NuStar Energy L.P. closed at $60.54 yesterday.
The firm said valuation now reflects 1) the risks associated with its asphalt refining operations and (2) its growing backlog of fee-based growth initiatives tied to its liquids infrastructure footprint.
For an analyst ratings summary and ratings history on NuStar Energy L.P. click here. For more ratings news on NuStar Energy L.P. click here.
Shares of NuStar Energy L.P. closed at $60.54 yesterday.
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