Baird Cuts TYG, LGCY, EMO, GEL, JMF, SMF to Neutral

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October 31, 2011 9:01 AM EDT
Get Alerts TYG Hot Sheet
Price: $44.60 +0.22%

Rating Summary:
    3 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 4 | Down: 5 | New: 8
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Baird's Ethan Bellamy downgraded the following stocks, each from Outperform to Neutral:
  • Tortoise Energy Infrastructure (NYSE: TYG) - $41 price target maintained
  • Legacy Reserves LP (Nasdaq: LGCY) - $31 price target maintained
  • ClearBridge Energy MLP Opp Fund (NYSE: EMO) - $20 price target maintained
  • Genesis Energy (NYSE: GEL) - $29 price target maintained
  • Nuveen Energy MLP Total Return Fund (NYSE: JMF) - $18 price target maintained
  • Salient MLP and Energy Infrastructure (NYSE: SMF) - $26 price target maintained
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Robert W Baird