Form 8-K American Midstream Partn For: Aug 10

Go back to Form 8-K American Midstream Partn For: Aug 10

UPDATE: UBS Upgrades American Midstream (AMID) to Neutral

August 12, 2015 6:45 AM EDT

(Updated - August 12, 2015 9:04 AM EDT)

UBS upgraded American Midstream (NYSE: AMID) from Sell to Neutral with a price target of $13 (from $10). Analyst Shneur Z. Gershuni noted higher expected distribution growth due to Delta House dropdown.

"AMID announced a dropdown of 25% of ArcLight's 51.7%... More