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Enter Symbol:

Neutral NS
down 7.90 %

NUSTAR ENERGY L P (NS) upgraded to Neutral by Credit Suisse

Posted on: Wednesday,  Nov 13, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral NUSTAR ENERGY L P (NYSE: NS) on 11/13/2013. Previously Credit Suisse rated Underperform NUSTAR ENERGY L P (NYSE: NS)
on 07/16/2013., when the stock price was $45.06. Since then, NUSTAR ENERGY L P has gained 8.59% as of 11/13/2013's recent price of $48.93.
If you would have followed the previous Credit Suisse's recommendation on NS, you would have lost 7.9% of your investment in 120 days.

NuStar Energy L.P. (NuStar Energy) is engaged in the terminalling and storage of petroleum products, the transportation of petroleum products and anhydrous ammonia and asphalt and fuels marketing. The Company operates in three segments: storage, transportation, and asphalt and fuels marketing. The Company operates through its wholly owned subsidiaries, NuStar Logistics, L.P. (NuStar Logistics) and NuStar Pipeline Operating Partnership L.P. (NuPOP). It earns revenues mainly include tariffs for transporting crude oil, refined products and anhydrous ammonia through its pipelines; fees for the use of is terminals and crude oil storage tanks and related ancillary services, and sales of asphalt and other refined petroleum products. On March 20, 2008, the Company acquired CITGO Asphalt Refining Company?s asphalt operations and assets (the East Coast Asphalt Operations).

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
11/13/2013 8:25 AM Hold
as of 12/13/2013
1 Week   
1 Month up  0.20 %
3 Months down  -28.72 %
1 YTD down  -8.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2013 8:25 AM Sell
11/13/2012 8:25 AM Hold
10/26/2012 8:25 AM Sell
1/26/2010 9:25 AM Hold
58.42 61.00

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