UPDATE: Bank of America Upgrades Kayne Anderson Energy to Neutral on Good Market Position
June 05, 2013 at 09:20 AM EDT
In a report published Wednesday, Bank of America analyst Gabe Moreen upgraded the rating on Kayne Anderson Energy Development Co. (NYSE: KED ) from Underperform to Neutral, and raised the price target from $24.00 to $26.00. In the report, Bank of America noted, “KED has made strides at some of