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Stock Market & Financial Investment News

News Breaks
March 28, 2014
05:52 EDTRRMSRose Rock Midstream downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Rose Rock Midstream to Neutral on expectations the company's margins will be pressured from moderating crude oil differentials between Cushing and the Gulf Coast. Citi keeps a $42 price target for shares.
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September 9, 2014
07:14 EDTRRMSRose Rock Midstream price target raised to $66 from $58 at Stifel
Stifel increased its price target on Rose Rock (RRMS), as the firm is upbeat on the company's guidance and thinks the backlog of dropdowns at the company's sponsor, SemGroup (SEMG), has positive implications for Rose Rock. The firm expects SemGroup to drop down a portion of its assets to Rose Rock. It keeps a Buy rating on Rose Rock.

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