Enbridge Energy Partners (EEP) Tops Q2 EPS by 13c

Go back to Enbridge Energy Partners (EEP) Tops Q2 EPS by 13c

Credit Suisse Upgrades Enbridge Energy Partners (EEP) to Outperform

August 1, 2016 7:40 AM EDT

Credit Suisse upgraded Enbridge Energy Partners (NYSE: EEP) from Neutral to Outperform with a price target of $27.00 (from $25.00).

Analyst J. Edwards commented, "We are raising our EEP estimates on the beat with EBITDA increasing 5%, 4% and 3% in 2016-2018, respectively. The primary source of... More

UBS Reiterates Buy on Enbridge Energy Partners (EEP) Following 2Q - PT to $26

July 29, 2016 9:43 AM EDT

UBS reiterated a Buy rating on Enbridge Energy Partners (NYSE: EEP), and raised the price target to $26.00 (from $24.00), following the company's 2Q earnings report. EEP reported adjusted EBITDA of $489MM roughly 9% above estimates of $449MM. UBS increased 2016/17/18 adjusted EBITDA estimates to $1.91/$2.04/$2.27B from $1.86/$1.95/$2.20B.

Analyst Shneur Gershuni commented, "Despite a negative... More