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

Rating:
Equal-Weight
MMP

Magellan Midstream Partners L.p. (MMP) rated Equal-Weight with price target $42 by Lehman Brothers

Posted on: Wednesday,  Aug 6, 2008  11:25 AM ET by Lehman Brothers

Magellan Midstream Partners L.p. (MMP)
rated Equal-Weight with price target $42 by Lehman Brothers.

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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2008 11:25 AM Hold
None
17.35 21.00
as of 12/24/2008
1 Week down  -3.14 %
1 Month up  2.34 %
3 Months down  -3.99 %
1 YTD down  -9.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/7/2008 8:25 AM Hold
None
20.30 22.50

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