TJX Companies Inc. (NYSE: TJX), Targa Resources Investments Inc. (NASDAQ: TRGP), Tyson Foods, Inc. (NYSE: TSN), Antofagasta (NASDAQ: ANFGY), BlackRock, Inc. (NYSE: BLK) and BioMed Realty Trust, Inc. (NYSE: BMR) were downgraded by analysts.
TJX Companies Inc. (TJX) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.
Targa Resources Investments Inc. (TRGP) was downgraded by Tudor Pickering from a “Buy” rating to an “Accumulate” rating.
Tyson Foods, Inc. (TSN) was downgraded by Davenport from a “Buy” rating to a “Neutral” rating.
Antofagasta (ANFGY) was downgraded by Citigroup (NYSE:C) from a “Neutral” rating to a “Sell” rating.
BlackRock, Inc. (BLK) was downgraded by Goldman Sachs to a “Buy” rating.
BioMed Realty Trust, Inc. (BMR) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating.
Showing posts with label Targa Resources. Show all posts
Showing posts with label Targa Resources. Show all posts
Tuesday, January 10, 2012
Monday, January 9, 2012
Par (PRX) (IDIX) (NGLS) (NU) (EME) (EP) Ratings, Price Targets
Par Pharmaceutical Companies Incorporated (NYSE: PRX), Idenix Pharmaceuticals, Inc. (NASDAQ: IDIX), Targa Resources Partners LP (NASDAQ: NGLS), Northeast Utilities System (NYSE: NU), EMCOR Group, Inc. (NYSE: EME) and El Paso Corporation (NYSE: EP) ratings and price targets.
Par Pharmaceutical Companies Incorporated (PRX) had its “buy” rating reiterated by UBS AG (NYSE:UBS).
Idenix Pharmaceuticals, Inc. (IDIX) had its price target raised by Bank of America (NYSE:BAC) to $18.00.
Targa Resources Partners LP (NGLS) was downgraded by Tudor Pickering from an “accumulate” rating to a “hold” rating.
Northeast Utilities System (NU) was downgraded by Macquarie from a “neutral” rating to an “underperform” rating.
EMCOR Group, Inc. (EME) was upgraded by BB&T (NYSE:BBT) from a “hold” rating to a “buy” rating.
El Paso Corporation (EP) was upgraded by Jefferies Group (NYSE:JEF) to a “hold” rating.
Par Pharmaceutical Companies Incorporated (PRX) had its “buy” rating reiterated by UBS AG (NYSE:UBS).
Idenix Pharmaceuticals, Inc. (IDIX) had its price target raised by Bank of America (NYSE:BAC) to $18.00.
Targa Resources Partners LP (NGLS) was downgraded by Tudor Pickering from an “accumulate” rating to a “hold” rating.
Northeast Utilities System (NU) was downgraded by Macquarie from a “neutral” rating to an “underperform” rating.
EMCOR Group, Inc. (EME) was upgraded by BB&T (NYSE:BBT) from a “hold” rating to a “buy” rating.
El Paso Corporation (EP) was upgraded by Jefferies Group (NYSE:JEF) to a “hold” rating.
Tuesday, May 10, 2011
Coverage on (TRGP) (VIVO) (VRX) (VVC) Initiated
Coverage on Targa Resources Investments Inc (NASDAQ: TRGP), Meridian Bioscience, Inc. (NASDAQ: VIVO), Valeant Pharmaceuticals (NYSE: VRX) and Vectren Corporation (NYSE: VVC) initiated by analysts.
Credit Suisse (NYSE:CS) initiated coverage on Targa Resources Investments Inc (TRGP). They placed a “neutral” rating on the company.
Sidoti initiated coverage on Meridian Bioscience, Inc. (VIVO). They placed a “neutral” rating and a price target of $25.00 on the company.
Goldman Sachs (NYSE:GS) initiated coverage on Valeant Pharmaceuticals (VRX). They placed a “neutral” rating and a price target of $50.00 on the company.
Wells Fargo & Co. (NYSE:WFC) initiated coverage on Vectren Corporation (VVC). They placed a “market perform” rating on the company.
Credit Suisse (NYSE:CS) initiated coverage on Targa Resources Investments Inc (TRGP). They placed a “neutral” rating on the company.
Sidoti initiated coverage on Meridian Bioscience, Inc. (VIVO). They placed a “neutral” rating and a price target of $25.00 on the company.
Goldman Sachs (NYSE:GS) initiated coverage on Valeant Pharmaceuticals (VRX). They placed a “neutral” rating and a price target of $50.00 on the company.
Wells Fargo & Co. (NYSE:WFC) initiated coverage on Vectren Corporation (VVC). They placed a “market perform” rating on the company.
Coverage on (CZZ) (GPK) (MDVN) (NGLS) (NNA) Initiated
Coverage on Cosan Limited (NYSE: CZZ), Graphic Packaging Holding Company (NYSE: GPK), Medivation Inc (NASDAQ: MDVN), Targa Resources Partners LP Common Units (NASDAQ: NGLS) and Navios Maritime Acquisition (NYSE: NNA) initiated by analysts.
Goldman Sachs (NYSE:GS) initiated coverage on Cosan Limited (CZZ). They placed a “buy” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Graphic Packaging Holding Company (GPK). They placed a “neutral” rating on the company.
Citigroup (NYSE:C) initiated coverage on Medivation Inc (MDVN). They placed a “buy” rating and a price target of $35.00 on the company.
Credit Suisse (NYSE:CS) initiated coverage on Targa Resources Partners LP Common Units (NGLS). They placed an “outperform” rating on the company.
Wells Fargo & Co. (NYSE:WFC) initiated coverage on Navios Maritime Acquisition (NNA). They placed a “market perform” rating on the company.
Goldman Sachs (NYSE:GS) initiated coverage on Cosan Limited (CZZ). They placed a “buy” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Graphic Packaging Holding Company (GPK). They placed a “neutral” rating on the company.
Citigroup (NYSE:C) initiated coverage on Medivation Inc (MDVN). They placed a “buy” rating and a price target of $35.00 on the company.
Credit Suisse (NYSE:CS) initiated coverage on Targa Resources Partners LP Common Units (NGLS). They placed an “outperform” rating on the company.
Wells Fargo & Co. (NYSE:WFC) initiated coverage on Navios Maritime Acquisition (NNA). They placed a “market perform” rating on the company.
Monday, May 9, 2011
Price Targets on (SPR) (SUN) (TMH) (TRGP) Updated
Price Targets on Spirit AeroSystems Holdings, Inc. (NYSE: SPR), Sunoco Incorporated (NYSE: SUN), Team Health Holdings (NYSE: TMH) and Targa Resources Investments Inc (NASDAQ: TRGP) were updated by analysts.
Barclays Capital raised their price target on Spirit AeroSystems Holdings, Inc. (SPR) from $25.00 to $28.00. They have an “overweight” rating on the company.
Barclays Capital cut their price target on Sunoco Incorporated (SUN) from $58.00 to $55.00. They have an “overweight” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Team Health Holdings (TMH) from $22.00 to $25.00. They have a “buy” rating on the company.
Barclays Capital raised their price target on Targa Resources Investments Inc (TRGP) from $35.00 to $38.00. They have an “overweight” rating on the company.
Barclays Capital raised their price target on Spirit AeroSystems Holdings, Inc. (SPR) from $25.00 to $28.00. They have an “overweight” rating on the company.
Barclays Capital cut their price target on Sunoco Incorporated (SUN) from $58.00 to $55.00. They have an “overweight” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Team Health Holdings (TMH) from $22.00 to $25.00. They have a “buy” rating on the company.
Barclays Capital raised their price target on Targa Resources Investments Inc (TRGP) from $35.00 to $38.00. They have an “overweight” rating on the company.
Price Targets on (LNT) (MCHP) (MRX) (MTZ) (NGLS) Upgraded
Price Targets on Alliant Energy Corp. (NYSE: LNT), Microchip Technology Inc. (NASDAQ: MCHP), Medicis Pharmaceutic (NYSE: MRX), MasTec, Inc. (NYSE: MTZ) and Targa Resources Partners LP (NASDAQ:NGLS) were upgraded by analysts.
Barclays Capital raised their price target on Alliant Energy Corp. (LNT) from $38.00 to $41.00. They have an “equal weight” rating on the company.
Barclays Capital raised their price target on Microchip Technology Inc. (MCHP) from $40.00 to $45.00. They have an “overweight” rating on the company.
UBS AG (NYSE:UBS) raised their price target on Medicis Pharmaceutic (MRX) from $30.00 to $37.00. They have a “neutral” rating on the company.
Barclays Capital raised their price target on MasTec, Inc. (MTZ) from $22.00 to $24.00. They have an “overweight” rating on the company.
Barclays Capital raised their price target on Targa Resources Partners LP (NGLS) from $37.00 to $39.00. They have an “overweight” rating on the company.
Barclays Capital raised their price target on Alliant Energy Corp. (LNT) from $38.00 to $41.00. They have an “equal weight” rating on the company.
Barclays Capital raised their price target on Microchip Technology Inc. (MCHP) from $40.00 to $45.00. They have an “overweight” rating on the company.
UBS AG (NYSE:UBS) raised their price target on Medicis Pharmaceutic (MRX) from $30.00 to $37.00. They have a “neutral” rating on the company.
Barclays Capital raised their price target on MasTec, Inc. (MTZ) from $22.00 to $24.00. They have an “overweight” rating on the company.
Barclays Capital raised their price target on Targa Resources Partners LP (NGLS) from $37.00 to $39.00. They have an “overweight” rating on the company.
Friday, October 15, 2010
Wells Fargo (NYSE:WFC) Looks at Chesapeake (Nasdaq:CHKM), DCP (NYSE:DPM), Regency (Nasdaq:RGNC), Western (NYSE:WES), Crosstex (Nasdaq:XTEX), Atlas (N
Wells Fargo (NYSE:WFC) took an overall look at the MLPs industry, including Gathering & Processing MLPs' Chesapeake Midstream (Nasdaq:CHKM), DCP Midstream (NYSE:DPM), Regency Energy Partners, L.P. (Nasdaq:RGNC), Western Gas Partners (NYSE:WES), and Crosstex Energy (Nasdaq:XTEX), and lowering our estimates for Atlas Pipeline (NYSE:APL), Copano Energy (Nasdaq:CPNO), MarkWest Energy (NYSE:MWE), and Targa Resources (NYSE:NGLS).
Here's how sized up the group of companies in general: "We are updating our models to reflect actual commodity prices in Q3’10, our revised commodity price deck, and the impact of recent acquisitions/financings. For 2010, we are lowering our DCF per unit estimates by an average of 1%. For 2011, we are raising our DCF per unit estimates for Chesapeake Midstream, DCP Midstream, RGNC, Western Gas Partners, and Crosstex Energy, and lowering our estimates for Atlas Pipeline, Copano Energy, MarkWest Energy, and NGLS."
Their favorite pick in the subsector, is Regency Energy Partners, L.P.
Targa closed Thursday at $28.66, down $0.81, or 2.76 percent. Chesapeake Midstream was slightly lower at $27.08, losing $0.03, or 0.11 percent. DCP Midstream fell to $35.34, dropping $0.44, or 1.23 percent. Regency closed at $24.75, losing $0.17, or 0.68 percent. Western Gas Partners lost $0.33, closing at $28.79, down 1.13 percent. Crosstex Energy closed at just above level, gaining a penny, or 0.07 percent. Atlas Pipeline Partners ended the session at $19.49, falling $0.34, or 1.71 percent. Copano Energy also closed a little above level, gaining $0.04, or 0.14 percent. MarkWest Energy decreased to $38.05 on the day, falling $0.35, or 0.91 percent. Targa ended the trading day at $28.66, losing $0.81, or 2.76 percent.
Here's how sized up the group of companies in general: "We are updating our models to reflect actual commodity prices in Q3’10, our revised commodity price deck, and the impact of recent acquisitions/financings. For 2010, we are lowering our DCF per unit estimates by an average of 1%. For 2011, we are raising our DCF per unit estimates for Chesapeake Midstream, DCP Midstream, RGNC, Western Gas Partners, and Crosstex Energy, and lowering our estimates for Atlas Pipeline, Copano Energy, MarkWest Energy, and NGLS."
Their favorite pick in the subsector, is Regency Energy Partners, L.P.
Targa closed Thursday at $28.66, down $0.81, or 2.76 percent. Chesapeake Midstream was slightly lower at $27.08, losing $0.03, or 0.11 percent. DCP Midstream fell to $35.34, dropping $0.44, or 1.23 percent. Regency closed at $24.75, losing $0.17, or 0.68 percent. Western Gas Partners lost $0.33, closing at $28.79, down 1.13 percent. Crosstex Energy closed at just above level, gaining a penny, or 0.07 percent. Atlas Pipeline Partners ended the session at $19.49, falling $0.34, or 1.71 percent. Copano Energy also closed a little above level, gaining $0.04, or 0.14 percent. MarkWest Energy decreased to $38.05 on the day, falling $0.35, or 0.91 percent. Targa ended the trading day at $28.66, losing $0.81, or 2.76 percent.
Wednesday, October 13, 2010
Barclays (NYSE:BCS) Likes Targa Resources (Nasdaq:NGLS) Distribution Growth Outlook
Citing their sold distribution growth potential, Barclays (NYSE:BCS) reiterated their "Overweight" rating on Targa Resources (Nasdaq:NGLS).
Barclays also readjusted earnings after the recent closing of the acquisition of Vesco.
"We are raising our EBITDA/DCF estimates given the effects of the Vesco acquisition which closed on Sep 28. We adjust our distribution growth estimate to 3% in 2010 and maintain our distribution growth estimate of 5% from 2011-2013. Our distribution estimate implies average distribution coverage of 1.3x. We continue to believe NGLS is well positioned to show solid distribution growth driven by organic projects and 3rd party acquisitions," said Barclays.
Targo closed yesterday at $30.39, gaining $0.38, or 1.27 percent. Barclays raised their price target on natural gas and natural gas liquid services company to $31 a share.
Barclays also readjusted earnings after the recent closing of the acquisition of Vesco.
"We are raising our EBITDA/DCF estimates given the effects of the Vesco acquisition which closed on Sep 28. We adjust our distribution growth estimate to 3% in 2010 and maintain our distribution growth estimate of 5% from 2011-2013. Our distribution estimate implies average distribution coverage of 1.3x. We continue to believe NGLS is well positioned to show solid distribution growth driven by organic projects and 3rd party acquisitions," said Barclays.
Targo closed yesterday at $30.39, gaining $0.38, or 1.27 percent. Barclays raised their price target on natural gas and natural gas liquid services company to $31 a share.
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