Suburban Propane (SPH) has been on fire since its earnings and you can add another point to the price thanks to the Citigroup upgrade. Boardwalk Partners (BWP) is not getting the same boost to its price with RBC raising the target price this morning...the stock is down 50 cents. The AMZ MLP index is flat right now. The group is split 50-50 on winners and losers and the two biggest components of the index are essentially unchanged.
Stocks are rallying in the overall market and i would think that would support prices here although it doesn't look like we are going to rip to the upside.
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4 comments:
Seeking Alpha makes the case that SPH is fully to over-priced.
if you could post the link it would be appreaciated..
thanks
Here it is:
http://biz.yahoo.com/seekingalpha/070213/26840_id.html?.v=1
thanks keith
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