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Wednesday, May 23, 2007

The MLP index is flat but we have some sizeable moves in some issues in both directions. Calumet Specialty Products (CLMT) is up 1.40 on the upgrade this morning. Penn Virginia GP (PVG) is off its high but up nearly 1 point. Nustar(NS) was down nearly 5 at the open on its downgrade but it has made that all back and is only off a fraction right now. Atlas Holdings(AHD) is up nicely with a strong fractional gain along with Buckeye Holdings (BGH) and Global Partners (GLP).

Oil numbers were just another excuse to buy as crude is up at 66 bucks and energy stocks are generally higher. More excitment as the day wears on.

3 comments:

Anonymous said...

Lehman just raised their target price on DPM to $53. Rating: overweight.

Rich said...

Why doesn't this show up on yahoo for DPM? Yet the upgrade for CLMT does show?

Anonymous said...

The rating on DPM did not change, only the target price...perhaps that's why Yahoo didn't flag it.