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

Rating:
Outperform
MMP
up 149.78 %

Magellan Midstream Partners L.p. (MMP) rated Outperform with price target $72 by RBC Capital Mkts

Posted on: Thursday,  Feb 6, 2014  8:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Magellan Midstream Partners L.p. (NYSE: MMP) on 02/06/2014. Previously RBC Capital Mkts rated Outperform Magellan Midstream Partners L.p. (NYSE:
MMP) on 02/04/2011., when the stock price was $28.50. Since then, Magellan Midstream Partners L.p. has gained 149.79% as of 01/15/2016's recent price of $71.19.
If you would have followed the previous RBC Capital Mkts's recommendation on MMP, you would have gained 149.78% of your investment in 1806 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.

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
2/6/2014 8:25 AM Buy
None
66.90 72.00
as of 10/17/2014
1 Week up  2.58 %
1 Month down  -6.04 %
3 Months down  -6.10 %
1 YTD up  25.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2012 11:25 AM Buy
None
34.30 39.00
11/3/2011 9:25 AM Buy
None
31.48 36.00
5/5/2011 8:25 AM Buy
None
28.12 34.00
2/4/2011 8:25 AM Buy
None
28.50 31.50

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