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Dcp Midstream Partners, Lp (DPM) [hlAlert]

Rating:
Outperform
DPM
down 35.42 %

Dcp Midstream Partners, Lp (DPM) rated Outperform with price target $55 by RBC Capital Mkts

Posted on: Friday,  May 10, 2013  9:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Dcp Midstream Partners, Lp (NYSE: DPM) on 05/10/2013. Previously RBC Capital Mkts rated Outperform Dcp Midstream Partners, Lp (NYSE:
DPM) on 05/18/2012., when the stock price was $42.45. Since then, Dcp Midstream Partners, Lp has lost 35.43% as of 01/28/2016's recent price of $27.41.
If you would have followed the previous RBC Capital Mkts's recommendation on DPM, you would have lost 35.42% of your investment in 1350 days.

DCP Midstream Partners, LP is a midstream master limited partnership that gathers, treats, compresses, processes, transports and markets natural gas and transports and markets natural gas liquids. DCP Midstream Partners, LP is managed by its general partner, DCP Midstream GP, LLC, which is wholly owned by Duke Energy Field Services, a joint venture between Duke Energy and ConocoPhillips. It is a midstream master limited partnership formed by Duke Energy Field Services to own, operate, acquire and develop a diversified portfolio of complementary midstream assets. Supported by its relationship with Duke Energy Field Services and its parents, Duke Energy and ConocoPhillips, it intend to acquire and construct additional assets and have a management team dedicated to executing our growth strategies.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/10/2013 9:25 AM Buy
None
49.81 55.00
as of 12/13/2013
1 Week down  -1.04 %
1 Month down  -1.35 %
3 Months down  -0.65 %
1 YTD up  13.19 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/18/2012 11:25 AM Buy
None
42.45 53.00

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