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Fly News Breaks for March 21, 2016
EVEP, ARP, MEMP
Mar 21, 2016 | 07:04 EDT
Citi analyst Faisel Khan downgraded Memorial Production (MEMP) to Neutral saying upstream master limited partnerships will continue to face an "extremely challenging" 2016 amid low liquidity and high levels of debt. The analyst cut his price target for the shares to $2.50 from $4.50. Khan this morning also downgraded Atlas Resource Partners (ARP) to Sell and EV Energy (EVEP) to Neutral.
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