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Enter Symbol:
 
Westcorp (WES) [hlAlert]

Rating:
Neutral WES
up 20.82 %

Westcorp (WES) downgraded to Neutral with price target $51 by UBS

Posted on: Monday,  Oct 8, 2012  10:25 AM ET by UBS

UBS rated Neutral Westcorp (NYSE: WES) on 10/08/2012. Previously UBS rated Buy Westcorp (NYSE: WES) on 06/28/2012., when the
stock price was $42.84. Since then, Westcorp has gained 20.82% as of 10/08/2012's recent price of $51.76.
If you would have followed the previous UBS's recommendation on WES, you would have gained 20.82% of your investment in 102 days.

Western Gas Partners, LP is limited partnership organized by Anadarko to own, operate, acquire and develop midstream energy assets. The Company is engaged in the business of gathering, compressing, treating, processing and transporting natural gas for Anadarko Petroleum Corporation (Anadarko) and other producers and customers. The Company?s assets consist of nine gathering systems, six natural gas treating facilities, two gas processing facilities and one interstate pipeline. Its assets are located in East Texas, the Rocky Mountains (Utah and Wyoming) and the Mid-Continent (Kansas and Oklahoma). The Company?s general partner is Western Gas Holdings, LLC, a wholly owned subsidiary of Anadarko. On December 19, 2008, the Company acquired certain midstream assets from Anadarko.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2012 10:25 AM Hold
None
51.76 51.00
as of 12/31/2012
1 Week   
1 Month   
3 Months up  2.67 %
1 YTD up  25.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/28/2012 11:25 AM Buy
None
42.84 48.00
11/5/2010 12:25 PM Buy
None
30.39 32.00
6/18/2008 8:25 AM Hold
None
17.09

(*) Stock Price at the time of the recommendation.
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