UPDATE: Morgan Stanley Downgrades Spectra Energy Partners LP, Reiterates PT on Less Relative Upside
October 23, 2013 at 10:10 AM EDT
In a report published Wednesday, Morgan Stanley analyst Stephen J. Maresca downgraded the rating on Spectra Energy Partners LP (NYSE: SEP ) from Equal-Weight to Underweight, but reiterated the $42.00 price target. In the report, Morgan Stanley noted, “Revaluation of the reconfigured SEP is now more complete. With units up
