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Enter Symbol:
 
NUSTAR ENERGY L P (NS) [hlAlert]

Rating:
Neutral NS

NUSTAR ENERGY L P (NS) rated Neutral with price target $63 by UBS

Posted on: Tuesday,  Aug 3, 2010  11:25 AM ET by UBS

NUSTAR ENERGY L P (NYSE:
NS) rated Neutral with price target $63 by UBS.

NuStar Energy L.P. (NuStar Energy) is engaged in the terminalling and storage of petroleum products, the transportation of petroleum products and anhydrous ammonia and asphalt and fuels marketing. The Company operates in three segments: storage, transportation, and asphalt and fuels marketing. The Company operates through its wholly owned subsidiaries, NuStar Logistics, L.P. (NuStar Logistics) and NuStar Pipeline Operating Partnership L.P. (NuPOP). It earns revenues mainly include tariffs for transporting crude oil, refined products and anhydrous ammonia through its pipelines; fees for the use of is terminals and crude oil storage tanks and related ancillary services, and sales of asphalt and other refined petroleum products. On March 20, 2008, the Company acquired CITGO Asphalt Refining Company?s asphalt operations and assets (the East Coast Asphalt Operations).

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2010 11:25 AM Hold
None
61.05 63.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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