BofA Downgrades MMP, DPM, KMP, ETP to Neutral, APU, BWP, OKS, SEP, SXL to Underperform

An analyst at BofA Friday morning lowered investment ratings on a number of US Energy MLP's given expected underperformance in a "risk-on" world. The analyst is anticipating better entry points later in 2012.

• Magellan Midstream Parnters (NYSE: MMP) from Buy to Neutral
  
• DCP Midstream Partners (NYSE: DPM) from Buy to Neutral
  
• Kinder Morgan Energy Partners (NYSE: KMP) from Buy to Neutral
  
• Energy Transfer Partners (NYSE: ETP) from Buy to Neutral
  
• AmeriGas Partners (NYSE: APU) from Buy to Underperform
  
• Boardwalk Pipeline Partners (NYSE: BWP) from Buy to Underperform
  
• Oneok Partners (NYSE: OKS) from Neutral to Underperform
  
• Spectra Energy Partners (NYSE: SEP) from Neutral to Underperform
  
• Sunoco Logistics Partners (NYSE: SXL) from Neutral to Underperform

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