Western Gas Partners LP (WES) Tops Q2 EPS by 7c

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UBS Raises Price Target on Western Gas Partners LP (WES) to $56

July 27, 2016 10:17 AM EDT

UBS reiterated a Buy rating on Western Gas Partners (NYSE: WES), and raised the price target to $56.00 (from $55.00), following the company's 2Q earnings report. WES reported 2Q16 adjusted EBITDA of $251MM, above the Consensus of $224MM.

Analyst Shneur Gershuni commented, "WES reported... More