JPMorgan Downgrades Oasis Midstream Partners (OMP) to Neutral

August 27, 2018 4:52 AM EDT
Get Alerts OMP Hot Sheet
Price: $22.20 --0%

Rating Summary:
    5 Buy, 7 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 11 | New: 16
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JPMorgan analyst Jeremy Tonet downgraded Oasis Midstream Partners (NYSE: OMP) from Overweight to Neutral with a price target of $25.00 (from $22.00).

The cites the valuation for the downgrade following recent outperformance. He maintains a favorable view on the company's sizeable growth potential.

For an analyst ratings summary and ratings history on Oasis Midstream Partners click here. For more ratings news on Oasis Midstream Partners click here.

Shares of Oasis Midstream Partners closed at $23.23 yesterday.

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