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

Rating:
Buy MMP
up 16.63 %

Magellan Midstream Partners L.p. (MMP) rated Buy with price target $69 by Wunderlich

Posted on: Wednesday,  Oct 19, 2011  8:25 AM ET by Wunderlich

Wunderlich rated Buy Magellan Midstream Partners L.p. (NYSE: MMP) on 10/19/2011, when the stock price was $31.26. Since then, Magellan Midstream
Partners L.p. has gained 16.64% of its value until Wunderlich rated MMP Hold on 03/02/2012, when the price was $36.46.
If you would have followed this Wunderlich's recommendation on MMP, you would have gained 16.63% of your investment in 135 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.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/17/2014 8:25 AM Buy
None
62.45 71.00
as of 12/30/2011
1 Week up  2.45 %
1 Month up  7.65 %
3 Months up  14.03 %
1 YTD up  21.91 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/6/2013 8:25 AM Hold
None
48.28 50.00
10/25/2012 8:25 AM Hold
None
44.46 45.00
8/2/2012 8:25 AM Hold
None
39.76 41.00
3/2/2012 8:25 AM Hold
None
36.46 38.00
10/19/2011 8:25 AM Buy
None
31.26 34.50
12/30/2010 8:25 AM Buy
None
27.95 32.00

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