Enbridge Energy Partners (EEP) Misses Q4 EPS by 11c

Go back to Enbridge Energy Partners (EEP) Misses Q4 EPS by 11c

UBS Cuts Price Target on Enbridge Energy Partners (EEP) Following 4Q - Reiterates Buy

February 17, 2016 9:09 AM EST

UBS maintained a Buy rating on Enbridge Energy Partners (NYSE: EEP), and cut the price target to $22.00 (from $25.00), following the company's 4Q. EEP realized Adjusted EBITDA of $450.7MM roughly 1% below the Consensus of $456MM. The miss was driven by lower than expected operating income in the liquids... More