BofA/Merrill Lynch Upgrades NGL ENERGY (NGL) to Neutral

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UBS Remains Bullish on NGL Energy Partners (NGL) Following EBITDA Outlook Update

April 25, 2016 10:52 AM EDT

UBS reiterated a Buy rating on NGL Energy Partners (NYSE: NGL), and raised the price target to $17.00 (from $11.00), following an update to the company's EBITDA outlook for Grand Mesa. The EBITDA outlook is now $120mm in the first year and $150mm in Year 2, this is down... More