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Tuesday, September 25, 2007

Got this emailed to me...thought i'd share


UPDATE 1-RESEARCH ALERT-Goldman cuts GP MLP coverage to neutral
08:46 a.m. 09/25/2007
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Sept 25 (Reuters) - Goldman Sachs lowered its rating on general partner master limited partnerships (GP MLPs) to "neutral" from "attractive," saying valuation now appears to more appropriately recognize the leverage general partners have to corresponding MLP's distribution growth.
Goldman raised Magellan Midstream Partners (
MMP) to "buy" from "neutral" and raised Teppco Partners (TPP) to "neutral" from "sell."
The brokerage said it continues to prefer master limited partnerships with visible capital expansion programs and distribution growth profiles.
It downgraded Crosstex Energy (
XTEX) to "neutral" from "buy", Enbridge Energy Management LLC (EEQ) and Enterprise GP Holdings (EPE) to "sell" from "neutral." (Reporting by Sharangdhar Limaye, Neha Pathania in Bangalore)

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