UPDATE: RBC Capital Markets Upgrades Crosstex Energy on Positive Outlook

In a report published Tuesday, RBC Capital Markets analyst TJ Schultz upgraded the rating on Crosstex Energy (NASDAQ: XTEX ) from Sector Perform to Outperform, and reiterated the $29.00 price target. In the report, RBC Capital Markets noted, “The Crosstex Devon Midstream combination should result in a lower-risk investment-grade MLP,