B.Riley/FBR Starts Hi-Crush Partners LP (HCLP) at Buy

B.Riley/FBR initiates coverage on Hi-Crush Partners LP (NYSE: HCLP) with a Buy rating and a price target of $16.00.

Analyst Lucas Pipes said HCLP is "well positioned to grow distributions over the coming years due to high-return growth projects in both sand mining and logistics, complementing what we believe is already an attractive combination of low-cost mining and infrastructure assets."

For an analyst ratings summary and ratings history on Hi-Crush Partners LP click here. For more ratings news on Hi-Crush Partners LP click here.

Shares of Hi-Crush Partners LP closed at $10.55 yesterday.

You May Also Be Interested In

• Keefe, Bruyette & Woods Upgrades Trustmark (TRMK) to Outperform
• CONMED (CNMD) PT Lowered to $95 at Piper Sandler
• Bank of N.T. Butterfield (NTB) PT Raised to $38 at Piper Sandler