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Dcp Midstream Partners, Lp (DPM) [hlAlert]

down 10.91 %

Dcp Midstream Partners, Lp (DPM) rated Overweight with price target $40 by Lehman Brothers

Posted on: Monday,  May 12, 2008  10:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight Dcp Midstream Partners, Lp (NYSE: DPM) on 05/12/2008, when the stock price was $30.77.
Since then, Dcp Midstream Partners, Lp has lost 10.92% as of 01/28/2016's recent price of $27.41.
If you would have followed this Lehman Brothers's recommendation on DPM, you would have lost 10.91% of your investment in 2817 days.

DCP Midstream Partners, LP is a midstream master limited partnership that gathers, treats, compresses, processes, transports and markets natural gas and transports and markets natural gas liquids. DCP Midstream Partners, LP is managed by its general partner, DCP Midstream GP, LLC, which is wholly owned by Duke Energy Field Services, a joint venture between Duke Energy and ConocoPhillips. It is a midstream master limited partnership formed by Duke Energy Field Services to own, operate, acquire and develop a diversified portfolio of complementary midstream assets. Supported by its relationship with Duke Energy Field Services and its parents, Duke Energy and ConocoPhillips, it intend to acquire and construct additional assets and have a management team dedicated to executing our growth strategies.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/12/2008 10:25 AM Buy
30.77 40.00
as of 12/24/2008
1 Week down  -5.06 %
1 Month up  11.27 %
3 Months up  28.86 %
1 YTD down  -51.25 %

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