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Enter Symbol:
 
Buckeye Partners L.p. (BPL) [hlAlert]

Rating:
Buy BPL
up 30.62 %

Buckeye Partners L.p. (BPL) upgraded to Buy with price target $58 by Argus

Posted on: Wednesday,  Feb 13, 2013  8:25 AM ET by Argus

Argus rated Buy Buckeye Partners L.p. (NYSE: BPL) on 02/13/2013, when the stock price was $53.74. Since
then, Buckeye Partners L.p. has gained 30.63% as of 01/21/2016's recent price of $70.20.
If you would have followed this Argus's recommendation on BPL, you would have gained 30.62% of your investment in 1072 days.

Buckeye Partners, L.P. conducts all its operations through subsidiary entities including Buckeye Pipe Line Company, L.P., Laurel Pipe Line Company, L.P., Everglades Pipe Line Company, L.P. and Buckeye Tank Terminals Company, L.P. The company receives petroleum products from refineries, connecting pipelines and marine terminals, and transports those products to other locations. Buckeye Partners also provides bulk storage services through leased facilities.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/13/2013 8:25 AM Buy
None
53.74 58.00
as of 12/13/2013
1 Week up  1.68 %
1 Month up  4.09 %
3 Months up  4.49 %
1 YTD up  26.77 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/6/2010 8:25 AM Hold
None
67.02

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