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American Midstream Partners LP (AMID) [hlAlert]

Rating:
Hold AMID
down 75.49 %

American Midstream Partners LP (AMID) downgraded to Hold by Wunderlich

Posted on: Wednesday,  Jan 20, 2016  8:25 AM ET by Wunderlich

Wunderlich rated Hold American Midstream Partners LP (NYSE: AMID) on 01/20/2016. Previously Wunderlich rated Buy American Midstream Partners LP (NYSE: AMID) on
01/13/2015., when the stock price was $17.55. Since then, American Midstream Partners LP has lost 75.50% as of 01/20/2016's recent price of $4.30.
If you would have followed the previous Wunderlich's recommendation on AMID, you would have lost 75.49% of your investment in 372 days.

American Midstream Partners, LP owns, operates, develops and acquires a portfolio of natural gas midstream energy assets. The Company is engaged in the business of gathering, treating, processing and transporting natural gas through its ownership and operation of nine gathering systems, three processing facilities, two interstate pipelines and six intrastate pipelines. Its assets are located in Alabama, Louisiana, Mississippi, Tennessee and Texas, provide infrastructure, which links producers and suppliers of natural gas to diverse natural gas markets, including interstate and intrastate pipelines, as well as utility, industrial and other commercial customers. As of March 31, 2011, the Company operated approximately 1,400 miles of pipelines that gather and transport over 500 million cubic feet per day of natural gas.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2016 8:25 AM Hold
None
4.30
as of 8/27/2015
1 Week down  -0.07 %
1 Month down  -22.29 %
3 Months down  -21.40 %
1 YTD down  -21.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/13/2015 8:25 AM Buy
None
17.55 23.00

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