UPDATE: Wunderlich Initiates Coverage on Magellan Midstream Partners
January 17, 2014 at 07:54 AM EST
In a report published Friday, Wunderlich Securities analyst Abhishek Sinha initiated coverage with a Buy rating on Magellan Midstream Partners(NYSE: MMP ), establishing a $71.00 price target. According to the report, the initiation follows the analyst's belief that MMP warrants a premium valuation versus its peer group given the
