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Enter Symbol:
 
Magellan Midstream Partners L.p. (MMP) [hlAlert]

Rating:
Outperform
MMP
up 34.09 %

Magellan Midstream Partners L.p. (MMP) upgraded to Outperform by Credit Suisse

Posted on: Friday,  May 3, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Magellan Midstream Partners L.p. (NYSE: MMP) on 05/03/2013, when the stock price was $53.09.
Since then, Magellan Midstream Partners L.p. has gained 34.09% as of 01/15/2016's recent price of $71.19.
If you would have followed this Credit Suisse's recommendation on MMP, you would have gained 34.09% of your investment in 987 days.

Magellan Midstream Partners, L.P. is principally engaged in the transportation, storage and distribution of refined petroleum products. As of December 31, 2008, the Company?s portfolio consisted of a 8,700-mile petroleum products pipeline system, including 49 petroleum products terminals serving the mid-continent region of the United States, referred to as the petroleum products pipeline system; seven petroleum products terminal facilities located along the United States Gulf and East Coasts, referred to as the marine terminals, and 27 petroleum products terminals located principally in the southeastern United States, which referred to as the inland terminals, and a 1,100-mile ammonia pipeline system serving the mid-continent region of the United States.

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
5/3/2013 8:25 AM Buy
None
53.09
as of 12/13/2013
1 Week down  -3.25 %
1 Month down  -3.52 %
3 Months up  9.21 %
1 YTD up  10.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2012 9:25 AM Hold
None
43.30
1/26/2010 9:25 AM Hold
None
22.08 24.00

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