Arc Logistics Partners LP Announces First Quarter 2016 Results

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Seaport Global Securities Upgrades Arc Logistics Partners (ARCX) to Buy

May 6, 2016 9:31 AM EDT

Seaport Global Securities upgraded Arc Logistics Partners (NYSE: ARCX) from Accumulate to Buy with a price target of $15.00 (from $14.00).

Analyst Bo McKenzie commented, "ARCX put up a strong first quarter, with higher-than-expected volumes, in-line EBITDA and a slight miss in DCF. We... More