Close

Magellan Midstream Partners (MMP) Shares Fall Amid UBS Downgrade

November 3, 2011 2:31 PM EDT
Get Alerts MMP Hot Sheet
Price: $65.93 +0.95%

Rating Summary:
    1 Buy, 4 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
Shares of Magellan Midstream Partners (NYSE: MMP) dipped in mid-day trade following an intraday downgrade from an analyst at UBS. The firm now rates Magellan shares a Neutral, down from Buy previously.

The downgrade follows Q3 results from the company Wednesday.

After trading up about about 1.1 percent just after noon, the stock is now up just 0.25 percent to $62.98.

For more ratings news on Magellan Midstream Partners click here and for the rating history of Magellan Midstream Partners click here.


GET THE HOTTEST RESEARCH CALLS ON THE STREET- FREE TRIAL!





Related Categories

Downgrades

Related Entities

UBS, Earnings