JPMorgan Downgrades Shell Midstream Partners, L.P. (SHLX) to Neutral

March 13, 2019 2:55 AM EDT
Get Alerts SHLX Hot Sheet
Price: $13.85 +2.21%

Rating Summary:
    5 Buy, 5 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 13 | New: 23
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JPMorgan analyst Jeremy Tonet downgraded Shell Midstream Partners, L.P. (NYSE: SHLX) from Overweight to Neutral with a price target of $23.00 (from $25.00).

  • Steps aside citing the IDR burden.
  • Sees weak capital markets as a possible limitation to dropdown potential.

For an analyst ratings summary and ratings history on Shell Midstream Partners, L.P. click here. For more ratings news on Shell Midstream Partners, L.P. click here.

Shares of Shell Midstream Partners, L.P. closed at $19.01 yesterday.



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