Crestwood Equity Partners (CEQP) Misses Q1 EPS by 67c, Beat on Revenues

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Crestwood Midstream (CEQP) PT Raised to $27 at Stifel; Reiterates Hold

May 3, 2017 8:49 AM EDT

Stifel raised its price target on Crestwood Midstream (NYSE: CEQP) to $27.00 (from $26.00) while maintaining a Hold rating. Crestwood Equity Partners posted relatively in line 1Q17 results. Adjusted EBITDA of $90.9 million compared to the consensus estimate of $96.0 million.

Management increased 2017 growth spending to... More