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Southcross Energy Partners L. (SXE) [hlAlert]

Rating:
Neutral SXE
down 29.57 %

Southcross Energy Partners L. (SXE) downgraded to Neutral with price target $18 by JP Morgan

Posted on: Thursday,  Mar 6, 2014  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Southcross Energy Partners L. (NYSE: SXE) on 03/06/2014. Previously JP Morgan rated Overweight Southcross Energy Partners L. (NYSE: SXE)
on 11/27/2012., when the stock price was $23.40. Since then, Southcross Energy Partners L. has lost 29.57% as of 03/06/2014's recent price of $16.48.
If you would have followed the previous JP Morgan's recommendation on SXE, you would have lost 29.57% of your investment in 464 days.

Stanley, Inc. provides information technology (IT) services and solutions to United States defense and federal civilian government agencies. The Company offers its customers solutions to support their mission-essential needs at any stage of program, product development or business lifecycle through five service areas: systems engineering, enterprise integration, operational logistics, business process outsourcing and advanced engineering and technology. The Company?s customers include agencies of the Department of Defense, the Department of State, the Department of Homeland Security, the Department of Transportation, the Department of the Treasury, NASA, the Department of Justice and the Department of Health and Human Services. During the fiscal year ended March 31, 2009 (fiscal 2009), the Company derived approximately 72% of its revenues from the Department of Defense. In July 2008, the Company acquired Oberon Associates, Inc.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2014 8:25 AM Hold
None
16.48 18.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -8.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/27/2012 9:25 AM Buy
None
23.40

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