UPDATE: Credit Suisse Downgrades Valero Energy Partners LP on Valuation
February 26, 2014 at 08:17 AM EST
In a report published Wednesday, Credit Suisse analyst John Edwards downgraded the rating on Valero Energy Partners LP (NYSE: VLP ) from Outperform to Neutral, but reiterated the $38.00 price target. In the report, Credit Suisse noted, “VLP has delivered total returns of ~16% in the first two months of