, Tracking Stock Market Picks
Enter Symbol:

Neutral SEP
up 1.94 %

SPECTRA ENERGY PARTERS LP (SEP) downgraded to Neutral by Credit Suisse

Posted on: Wednesday,  Jan 9, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral SPECTRA ENERGY PARTERS LP (NYSE: SEP) on 01/09/2013. Previously Credit Suisse rated Outperform SPECTRA ENERGY PARTERS LP (NYSE: SEP)
on 10/24/2012., when the stock price was $31.44. Since then, SPECTRA ENERGY PARTERS LP has gained 1.94% as of 01/09/2013's recent price of $32.05.
If you would have followed the previous Credit Suisse's recommendation on SEP, you would have gained 1.94% of your investment in 77 days.

Spectra Energy Partners, LP (Spectra Energy Partners), together with its subsidiaries, is engaged in the transportation of natural gas through interstate pipeline systems with approximately 2,200 miles of pipelines that serve the southeastern United States, and the storage of natural gas in underground facilities with aggregate working gas storage capacity of approximately 42 billion cubic feet (Bcf) that are located in southeast Texas, south central Louisiana and southwest Virginia. The Company transports and stores natural gas for a mix of customers, including local gas distribution companies (LDCs), municipal utilities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers and producers. On April 4, 2008, the Company acquired equity interests of Saltville Gas Storage Company L.L.C. (Saltville) and the P-25 pipeline from Spectra Energy Corp.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2013 8:25 AM Hold
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  2.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/24/2012 8:25 AM Buy
1/26/2010 9:25 AM Hold
30.15 30.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy