UPDATE: Wunderlich Initiates Coverage on DCP Midstream Partners
January 17, 2014 at 07:55 AM EST
In a report published Friday, Wunderlich Securities analyst Abhishek Sinha initiated coverage on DCP Midstream Partners (NYSE: DPM ) with a Hold rating, establishing a $53.00 price target. According to the report, the oil and gas midstream MLP has stable cash flows supported by a combination of fee-based services