Magellan Midstream Partners (MMP) Reports In-Line Q4 EPS
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Credit Suisse Downgrades Magellan Midstream Partners (MMP) to Neutral
February 5, 2016 6:32 AM ESTCredit Suisse downgraded Magellan Midstream Partners (NYSE: MMP) from Outperform to Neutral with a price target of $70.00 (from $80.00).
Analyst J. Edwards comments, "4Q15 Beat, Highly Defensive Biz, but Cutting to Neutral on Valuation: With balance sheet leverage of approx. 2.8x pro-forma, distribution... More
