Magellan Midstream Partners (MMP) Tops Q2 EPS by 5c

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Credit Suisse Upgrades Magellan Midstream Partners (MMP) to Outperform

August 10, 2015 6:35 AM EDT

Credit Suisse upgraded Magellan Midstream Partners (NYSE: MMP) from Neutral to Outperform with a price target of $89.00 (from $93.00) on valuation.

Analyst J. Edwards noted the firm is mostly holding estimates with 2015-2017 EBITDA of $1,094mm, $1,155mm and $1,266mm and DCF of $882mm, $952mm and... More