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Enter Symbol:
 
Westcorp (WES) [hlAlert]

Rating:
Outperform
WES
up 50.25 %

Westcorp (WES) rated Outperform with price target $50 by RBC Capital Mkts

Posted on: Wednesday,  Feb 29, 2012  1:25 PM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Westcorp (NYSE: WES) on 02/29/2012. Previously RBC Capital Mkts rated Outperform Westcorp (NYSE: WES) on 12/08/2011.,
when the stock price was $38.90. Since then, Westcorp has gained 50.26% as of 01/28/2016's recent price of $58.45.
If you would have followed the previous RBC Capital Mkts's recommendation on WES, you would have gained 50.25% of your investment in 1512 days.

Western Gas Partners, LP is limited partnership organized by Anadarko to own, operate, acquire and develop midstream energy assets. The Company is engaged in the business of gathering, compressing, treating, processing and transporting natural gas for Anadarko Petroleum Corporation (Anadarko) and other producers and customers. The Company?s assets consist of nine gathering systems, six natural gas treating facilities, two gas processing facilities and one interstate pipeline. Its assets are located in East Texas, the Rocky Mountains (Utah and Wyoming) and the Mid-Continent (Kansas and Oklahoma). The Company?s general partner is Western Gas Holdings, LLC, a wholly owned subsidiary of Anadarko. On December 19, 2008, the Company acquired certain midstream assets from Anadarko.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/29/2012 1:25 PM Buy
None
46.05 50.00
as of 12/31/2012
1 Week up  1.73 %
1 Month down  -2.71 %
3 Months down  -5.51 %
1 YTD up  15.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/8/2011 9:25 AM Buy
None
38.90 45.00

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