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Citigroup Ups Suburban Propane And Rbc Says Again To Buy Boardwalk!
Posted on 02/13/2007 06:26:00 | Link | Post Comment
Good Tuesday morning which btw begins with Suburban Propane looking to open higher as Citigroup ups Suburban Propane (SPH) from hold to buy. RBC Capital Markets re-affirms Boardwalk Partners(BWP) at a buy and raises the price target from 34 to 39 dollars. Suburban is bidding higher in the pre-open; no indication on Boardwalk. Nothing else is happening on the corporate side. Btw for those of you who missed it Barrons did have positive mentions this weekend on E V Partners and Linn Energy. Scroll down as i posted a link to Seeking Alpha with a summary of the Barron's piece.
Crude oil has reversed this morning and is now slightly higher after dropping 2 dollars yesterday. Natural gas is slightly higher. Stock futures are higher so we should have a firm open in MLPS.
Crosstex LP held 37 yesterday and closed higher so lets see if the 5 day sell off is over and done with. Yesterday we had a down day in the MLP index but we are still withing easy striking distance of the 300 level with a good up day. I still think we're going through it and probably sooner rather than later. Its just getting harder to find nice entry points so watch for these rolling corrections that are occuring intraday and hitting different stocks on different days.
The open approaches.
Crude oil has reversed this morning and is now slightly higher after dropping 2 dollars yesterday. Natural gas is slightly higher. Stock futures are higher so we should have a firm open in MLPS.
Crosstex LP held 37 yesterday and closed higher so lets see if the 5 day sell off is over and done with. Yesterday we had a down day in the MLP index but we are still withing easy striking distance of the 300 level with a good up day. I still think we're going through it and probably sooner rather than later. Its just getting harder to find nice entry points so watch for these rolling corrections that are occuring intraday and hitting different stocks on different days.
The open approaches.
Monday, February 12, 2007
Barrons this weekend had a mention of Linn Energy (LINE) and E V Partners among a few others. Seeking Alpha sumarizes the story. I guess that was the reason why both stocks gapped up this morning although they did pull back some by days end.
- Enjoy The View Since Its Better Than The Mlp Chart!
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