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Enter Symbol:
Rating: SEP
Outperform $58

SPECTRA ENERGY PARTERS LP (NYSE: SEP) upgraded to Outperform with price target $58 by RBC Capital Mkts

Friday,  Jan 15, 2016  8:25 AM ET by Kristen Bailey

RBC Capital Mkts upgraded SPECTRA ENERGY PARTERS LP (NYSE: SEP) to Outperform with
price target $58. RBC Capital Mkts rated SPECTRA ENERGY PARTERS LP (NYSE: SEP) to Sector Perform with price target $32 on 05/18/2012, when the price was $30.16.

Spectra Energy Partners, LP (Spectra Energy Partners), together with its subsidiaries, is engaged in the transportation of natural gas through interstate pipeline systems with approximately 2,200 miles of pipelines that serve the southeastern United States, and the storage of natural gas in underground facilities with aggregate working gas storage capacity of approximately 42 billion cubic feet (Bcf) that are located in southeast Texas, south central Louisiana and southwest Virginia. The Company transports and stores natural gas for a mix of customers, including local gas distribution companies (LDCs), municipal utilities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers and producers. On April 4, 2008, the Company acquired equity interests of Saltville Gas Storage Company L.L.C. (Saltville) and the P-25 pipeline from Spectra Energy Corp.

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.

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