Magellan Midstream Increases Quarterly Cash Distribution to $1.0275
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Mizuho Securities Reiterates Neutral Rating on Magellan Midstream Partners (MMP)
January 22, 2020 6:51 AM ESTMizuho Securities analyst Gabriel Moreen reiterated a Neutral rating and $68.00 price target on Magellan Midstream Partners (NYSE: MMP) following the companies announcement of a $750mn unit buyback program. While Moreen believes the initiative will be opportunistic as opposed to programmatic, he is nonetheless encouraged... More
