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

Rating:
Neutral MMP

Magellan Midstream Partners L.p. (MMP) rated Neutral with price target $73 by UBS

Posted on: Wednesday,  Apr 9, 2014  12:00 AM ET by UBS

UBS rated Neutral Magellan Midstream Partners L.p. (NYSE: MMP) on 04/09/2014. Previously UBS rated Buy Magellan Midstream Partners L.p. (NYSE: MMP) on
11/03/2010., when the stock price was $27.12. Since then, Magellan Midstream Partners L.p. has gained 77.13% as of 02/06/2013's recent price of $48.03.
If you would have followed the previous UBS's recommendation on MMP, you would have gained 77.13% of your investment in 826 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/9/2014 12:00 AM Hold
None
72.37 73.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/2/2013 3:25 PM Hold
None
55.50 55.00
2/6/2013 11:25 AM Hold
None
48.03 50.00
11/3/2010 8:25 AM Buy
None
27.12 30.50

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