Mid-Con Energy Partners (MCEP) Misses Q3 EPS by 17c
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Mid-Con Energy Partners (MCEP) Suspends Distribution; FBR Capital Cuts Price Target to $3
November 4, 2015 7:37 AM ESTFBR Capital maintained a Market Perform rating on Mid-Con Energy Partners (NASDAQ: MCEP), and cut the price target to $3.00 (from $4.00), following the company's previously announced distribution suspension. Units of MCEP have seen substantial volatility since this decision, initially trading sharply lower before rebounding 35% on a strong earnings beat, which reinforces confidence in the... More
