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

Rating:
Buy MMP
up 206.19 %

Magellan Midstream Partners L.p. (MMP) rated Buy

Posted on: Wednesday,  Aug 1, 2007  9:25 AM ET by Citigroup

Citigroup rated Buy Magellan Midstream Partners L.p. (NYSE: MMP) on 08/01/2007, when the stock price was $23.25. Since
then, Magellan Midstream Partners L.p. has gained 206.19% as of 01/15/2016's recent price of $71.19.
If you would have followed this Citigroup's recommendation on MMP, you would have gained 206.19% of your investment in 3089 days.

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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2007 9:25 AM Buy
None
23.25
as of 8/27/2015
1 Week up  2.87 %
1 Month down  -9.48 %
3 Months down  -13.76 %
1 YTD up  12.51 %

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