Goldman Sachs Removed Buckeye Partners (BPL) from Conviction Buy List
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Price: $41.46 --0%
Rating Summary:
2 Buy, 15 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
2 Buy, 15 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Goldman Sachs removed Buckeye Partners (NYSE: BPL) from the Conviction Buy List and cut its price target by 5% to $72. Still the firm maintained their Buy rating.
The firm said the near-term outlook is clouded by poor distribution coverage in 2012, complicated by yet another acquisition that won't be cash flows until 2H2012.
For an analyst ratings summary and ratings history on Buckeye Partners click here. For more ratings news on Buckeye Partners click here.
Shares of Buckeye Partners closed at $59.77 yesterday.
The firm said the near-term outlook is clouded by poor distribution coverage in 2012, complicated by yet another acquisition that won't be cash flows until 2H2012.
For an analyst ratings summary and ratings history on Buckeye Partners click here. For more ratings news on Buckeye Partners click here.
Shares of Buckeye Partners closed at $59.77 yesterday.
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