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Stock Market & Financial Investment News

News Breaks
February 7, 2014
05:38 EDTMMPMagellan Midstream upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Magellan Midstream valuation and the company's visible long-term growth. Wells raised its price target range for shares to $72-$76 from $58-$62.
News For MMP From The Last 14 Days
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December 15, 2014
14:38 EDTMMPMagellan Midstream extends Saddlehorn open season to Jan. 30
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10:00 EDTMMPOn The Fly: Analyst Upgrade Summary
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09:00 EDTMMPMagellan Midstream upgraded at Argus
As noted earlier, Argus upgraded Magellan Midstream to Buy from Hold. The firm thinks that projects not yet included in the company's official capex plan should enable it to increase its distribution more quickly than previously expected. Argus thinks the long-term nature of Magellan's deals should mitigate the impact of falling oil prices. Target $90.
08:12 EDTMMPMagellan Midstream upgraded to Buy from Hold at Argus

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