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Enter Symbol:
Atlas Pipeline Partners, L.p. (APL) [hlAlert]

down 40.39 %

Atlas Pipeline Partners, L.p. (APL) rated Outperform with price target $16 by Friedman Billings

Posted on: Monday,  Nov 24, 2008  8:25 AM ET by Friedman Billings

Friedman Billings rated Outperform Atlas Pipeline Partners, L.p. (NYSE: APL) on 11/24/2008. Previously Friedman Billings rated Outperform Atlas Pipeline Partners, L.p. (NYSE: APL)
on 01/10/2008., when the stock price was $44.68. Since then, Atlas Pipeline Partners, L.p. has lost 40.40% as of 02/27/2016's recent price of $26.63.
If you would have followed the previous Friedman Billings's recommendation on APL, you would have lost 40.39% of your investment in 2970 days.

Atlas Pipeline Partners, L.P. is a provider of natural gas gathering services in the Anadarko, Arkoma and Permian Basins and the Golden Trend in the southwestern and mid-continent United States, and the Appalachian Basin in the eastern United States. In addition, the Company is a provider of natural gas processing and treatment services in Oklahoma and Texas. It also provides interstate gas transmission services in southeastern Oklahoma, Arkansas, southern Kansas and southeastern Missouri. The Company conducts its business in the midstream segment of the natural gas industry through two reportable segments: Mid-Continent operations and Appalachian operations. The Company?s general partner, Atlas Pipeline Partners GP, LLC (Atlas Pipeline GP), manages its operations and activities through its ownership of its 2% general partner interest.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/24/2008 8:25 AM Buy
7.84 16.00
as of 12/24/2008
1 Week down  -1.55 %
1 Month up  24.43 %
3 Months down  -26.16 %
1 YTD down  -89.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/10/2008 8:25 AM Buy
44.68 52.00

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