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HCLP, BPL, SUN, and USAC: Are Analysts Cautious?

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Hi-Crush Partners

Of the 17 analysts surveyed by Reuters covering Hi-Crush Partners (HCLP), one analyst rated the stock as a “strong buy,” nine rated it as a “buy,” and seven rated it as a “hold.” The median target price for Hi-Crush Partners is $17, which implies an upside potential of 39% from its current price of $12.25.

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Buckeye Partners

Of the 15 analysts covering Buckeye Partners (BPL), two analysts recommended a “strong buy,” one recommended a “buy,” 11 recommended a “hold,” and one recommended a “sell.” Buckeye Partners’ median target price of $39.5 implies an upside potential of ~7% from its current price of $37.01. On August 6, Stifel cut its target price for Buckeye Partners from $45 to $43.

As the above graph shows, Buckeye Partners has the lowest percentage of “buy” recommendations among the top five of the ten MLPs that we’re discussing.

Summit Midstream Partners

Two of the nine analysts covering Summit Midstream Partners (SMLP) rated it as a “strong buy,” one rated it as a “buy,” five rated it as a “hold,” and one rated it as a “sell.” The median target price for Summit Midstream Partners is $18. On August 7, RBC raised its target price for Summit Midstream Partners from $18 to $20.

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Sunoco

Of the 15 analysts covering Sunoco (SUN), one analyst rated it as a “strong buy,” four rated it as a “buy,” eight rated it as a “hold,” and two rated it as a “sell.” The median target price for the stock is $31.5.

USA Compression Partners

Of the seven analysts covering USA Compression Partners (USAC), one analyst rated the stock as a “strong buy,” four rated it as a “buy,” and two rated it as a “hold.” The median target price for USA Compression Partners is $21.

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