UPDATE: Bank of America Merrill Lynch Initiates Coverage On Sprague On CAGR And Kildair Decline

In a report published Wednesday, Bank of America Merrill Lynch initiated a Buy rating on Sprague Resources (NYSE: SRLP ) and a price target of $22.00. In the report, Bank of America Merrill Lynch says "While SRLP has a medium-to-high business risk profile given its exposure to commodity prices, weather, and