Information Provided By:
Fly News Breaks for October 25, 2016
JPEP, AMID
Oct 25, 2016 | 07:10 EDT
After American Midstream Partners (AMID) and JP Energy Partners (JPEP) agreed to merge, RBC Capital analyst TJ Schultz says that the deal will increase American Midsteam's discounted cash flow while reducing its debt and increasing the certainty that it will deliver distribution growth around 5%. The analyst raised his price target on the shares to $19 from $16 and keeps an Outperform rating on the stock.
News For AMID;JPEP From the Last 2 Days
There are no results for your query AMID;JPEP
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.