Must-Know MLP and Midstream Rating Updates Last Week

Recommendations for GEL

On November 2, Baird cut its price target for Genesis Energy (GEL) from $26 to $25. Barclays cut its price target for GEL from $25 to $24. Of the ten analysts surveyed by Reuters covering Genesis Energy, two have rated it a “strong buy,” three rated it a “buy,” and five analysts rated it a “hold.” The stock’s median price target is $27.

Must-Know MLP and Midstream Rating Updates Last Week

Ratings for WMB

On November 2, Stifel cut its price target for Williams Companies (WMB) from $35 to $34. Of the 21 analysts covering Williams Companies, seven rated the stock a “strong buy,” ten rated it a “buy,” and four rated it a “hold.” The above graph shows analysts’ ratings for stocks that received updates last week.

Recommendations for OKE

On November 1, Stifel cut its price target for ONEOK (OKE) from $65 to $64 while Morgan Stanley raised its price target for the stock from $65 to $67. Of the 18 analysts covering ONEOK, six rated it a “strong buy,” four rated it a “buy,” and eight rated it a “hold”

Other rating updates

On November 2, SunTrust Robinson raised its price target for Buckeye Partners (BPL) from $31 to $36. Barclays cut its rating for Hi-Crush Partners (HCLP) from “equal weight” to “underweight.” It also cut its price target for the stock from $13 to $5. On November 1, Jefferies cut its price target for HCLP from $6 to $5. On October 31, SunTrust Robinson cut its price target for Crestwood Equity Partners (CEQP) from $40 to $38.