UPDATE: Citigroup Raises PT on Magellan Midstream Partners on Positive Outlook
July 31, 2013 at 11:24 AM EDT
In a report published Wednesday, Citigroup analyst John K. Tysseland reiterated a Buy rating on Magellan Midstream Partners (NYSE: MMP ), and raised the price target from $55.00 to $62.00. In the report, Citigroup noted, “We maintain our Buy recommendation and forward estimates as we believe MMP's largely fee-based businesses, growth
