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Enter Symbol:
 
Enterprise Products Partners L.p. (EPD) [hlAlert]

Rating:
Buy EPD
up 2.41 %

Enterprise Products Partners L.p. (EPD) rated Buy with price target $38 by Argus

Posted on: Tuesday,  Nov 3, 2015  8:25 AM ET by Argus

Argus rated Buy Enterprise Products Partners L.p. (NYSE: EPD) on 11/03/2015, when the stock price was $27.79. Since
then, Enterprise Products Partners L.p. has gained 2.41% as of 01/06/2016's recent price of $28.46.
If you would have followed this Argus's recommendation on EPD, you would have gained 2.41% of your investment in 64 days.

Enterprise Products Partners L.P. is a leading integrated provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. The Company fractionates for a processing fee mixed NGLs produced as by-products of oil and natural gas production into their component products: ethane, propane, isobutane, normal butane and natural gasoline; converts normal butane to isobutane through the process of isomerization; produces MTBE from isobutane and methanol; and transports NGL products to end users by pipeline and railcar.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2015 8:25 AM Buy
None
27.79 38.00
as of 8/27/2015
1 Week up  1.13 %
1 Month down  -8.07 %
3 Months down  -16.49 %
1 YTD down  -14.14 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2014 3:25 PM Buy
None
33.23 37.50
2/16/2012 8:25 AM Buy
None
25.74 30.50
7/16/2009 8:25 AM Hold
None
13.42
1/16/2009 8:25 AM Buy
None
10.88 13.50

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