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

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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