Morgan Stanley Cuts EQT Midstream Partners (NYSE:EQM) Price Target to $71.00

American Midstream Partners Logo

Davide Leone & Partners Investment Company Llp bought 295,000 shares as the company's stock declined 10.37% with the market. The pipeline company reported $0.25 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.04. Davide Leone & Partners Investment Company Llp who had been investing in At&T Inc for a number of months, seems to be bullish on the $196.39B market cap company. Shareholders of record on Sunday, August 5th will be given a $0.9375 dividend. About 277,558 shares traded.

Investors sentiment decreased to 0.99 in 2017 Q4. Its up 0.41, from 0.83 in 2017Q3. It dived, as 19 investors sold EQM shares while 65 reduced holdings. 57 rose stakes while 26 funds took stakes. Warren Averett Asset Mgmt Lc reported 0.03% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP). "Buy" rating has 7, "Sell" are 0, while 4 are "Hold". 17,754 are owned by Diversified. Prudential Public Ltd Limited Liability Company has invested 0.01% in Summit Midstream Partners, LP (NYSE:SMLP). During the same quarter in the prior year, the company earned $1.36 earnings per share. 15,020 were accumulated by Natl Asset Management. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.44% since May 12, 2017 and is downtrending. Spinnaker holds 0.09% or 11,063 shares. First Allied Advisory invested in 21,051 shares or 0.06% of the stock. 89,304 were reported by Neuberger Berman Ltd. Tph Asset Management Llc holds 543,970 shares or 1.1% of its portfolio. Schroder Investment Group Incorporated owns 120,400 shares or 0.01% of their USA portfolio. State Street owns 7,188 shares for 0% of their portfolio.

More important recent EQT Midstream Partners, LP (NYSE:EQM) news were published by: which released: "Is Self-Funding An MLP Pipe Dream?" on May 09, 2018, also published article titled: "EQT Midstream Partners' (EQM) CEO Jeremiah Ashcroft on Q1 2018 Results - Earnings Call Transcript", published: "EQT Midstream Partners (EQM), EQT GP Holdings (EQGP), and Rice Midstream Partners (RMP) Announce Streamlining" on April 26, 2018. (NASDAQ:ARMO) news were published by: which released: "Big Peninsula biotech buyout means happy returns for Kleiner Perkins, other VCs" on May 10, 2018, also with their article: "Your Daily Pharma Scoop: Our Watchlist Pick ARMO Acquired, Ziopharma Low Cash, Coherus PDUFA Date" published on May 11, 2018, published: "Why Spotify Technology, CenturyLink, and ARMO BioSciences Jumped Today" on May 10, 2018.

Three churches bombed in Indonesia's Surabaya province, at least 5 killed
He called on people to remain calm. "A church security officer tried to prohibit them, then the explosion happened", he said. Nine people have been killed following an attack on three churches by suicide bombers on Sunday, reported the BBC .

Summit Midstream Partners (NYSE:SMLP) has earned a consensus rating of "Hold" from the twelve ratings firms that are covering the stock, Marketbeat reports. Credit Suisse Group began coverage on EQT Midstream Partners in a report on Friday, January 5th. ValuEngine downgraded EQT Midstream Partners from a "buy" rating to a "hold" rating in a research note on Friday, February 2nd. In a research report sent to investors on Friday, 11 May, BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) shares have had their Equal-Weight Rating restate by research professionals at Barclays. With $90 highest and $67 lowest PT, EQT Midstream Partners has $75.10 average PT or 43.92% above the current ($52.18) price. On Tuesday, April 17 Barclays Capital maintained Summit Midstream Partners, LP (NYSE:SMLP) with "Underweight" rating. In Wednesday, February 21 report Wells Fargo maintained it with "Outperform" rating and $77 target. On Tuesday, August 8 the stock rating was maintained by Canaccord Genuity with "Hold". In Monday, March 5 report RBC Capital Markets maintained the stock with "Buy" rating. Meridian Wealth Management LLC purchased a new stake in shares of EQT Midstream Partners during the 1st quarter worth $262,000.

Hmi Capital Llc, which manages about $266.04 million and $864.91 million US Long portfolio, decreased its stake in Nice Ltd (NASDAQ:NICE) by 135,000 shares to 860,562 shares, valued at $79.09 million in 2017Q4, according to the filing.

Shares of ENLK stock opened at $14.18 on Monday. Therefore 39% are positive. The company was initiated on Thursday, March 17 by Stifel Nicolaus. On Wednesday, March 21 the rating was downgraded by Bank of America to "Neutral". Wms Prtnrs Ltd Liability Corporation stated it has 4,020 shares or 0.03% of all its holdings. Robert W. Baird maintained AT&T Inc. Mizuho reiterated a sell rating and set a $66.00 price objective on shares of Magellan Midstream Partners in a research report on Wednesday, April 11th. Wells Fargo & Company MN now owns 63,285 shares of the pipeline company's stock worth $1,298,000 after buying an additional 12,634 shares in the last quarter. As per Tuesday, May 30, the company rating was upgraded by Moffett Nathanson.

Related News:

  • Walmart can make a $3 billion top-up in Flipkart at same valuation

    Walmart can make a $3 billion top-up in Flipkart at same valuation

    No termination fee would be payable by any party if the Share Issuance Agreement or the Share Purchase Agreement were terminated. These veto rights for the minority shareholders will expire if Walmart owns 85 per cent of the outstanding shares of Flipkart.
    Dame Tessa Embraced Everyone After 7/7 Says Mother Of Victim

    Dame Tessa Embraced Everyone After 7/7 Says Mother Of Victim

    Dame Tessa, who served as culture secretary from 2001 to 2007, played a major role in securing the London 2012 Olympics. She was elected to the House of Commons in 1992, representing the Dulwich area of London, and held office until 2015.
    Yemeni ballistic missile targets Saudi military base in Najran

    Yemeni ballistic missile targets Saudi military base in Najran

    They amount to about 7 thousand people each month, most of whom are from Ethiopia, Somalia and Eritrea. Houthis have been controlling much of Yemen's north by force, including the capital Sanaa since 2014.
  • China's First Home-Built Aircraft Carrier Begins Sea Trials Off Liaoning

    China's First Home-Built Aircraft Carrier Begins Sea Trials Off Liaoning

    Now the country only has a retrofitted Soviet-era aircraft carrier called the Liaoning , which was launched in 2012. Besides India, the US, Russia, the UK, France, Italy, Thailand and China operate a total of 18 aircraft carriers.
    Australian police find 7 dead with gunshot wounds

    Australian police find 7 dead with gunshot wounds

    Its understood three generations of the same family lived at the Forever Dreaming Farm. After finding victims, then police have yet to identify the victims publicly.
    Kevin Harvick Wins at Kansas

    Kevin Harvick Wins at Kansas

    Truex led the series with eight wins last season and ran up a huge lead in playoff points during the regular season. The final restart was set up by a dramatic wreck that began when William Byron lost control in Turn 4 on Lap 253.
  • SpaceX launches newly updated Falcon 9 rocket

    SpaceX launches newly updated Falcon 9 rocket

    May 12 is a red-letter day for Bangladesh when the country moved to a new era by launching its first "Bangabandhu-1" satellite. There was additional element of stress on Musk and the SpaceX team, as the payload was the $250 million Bangabandhu satellite.
    IPL 2018: Buttler keeps playoff hopes alive for RR

    IPL 2018: Buttler keeps playoff hopes alive for RR

    With his captain Ajinkya Rahane , he added 95 runs for the second wicket and kept his team above the required rate. However, after skipper Rohit Sharma was dismissed for a golden duck, there was a short lull phase in the game.
    Israel win Eurovision while Ireland finish 16th

    Israel win Eurovision while Ireland finish 16th

    Little is known about the man responsible, but it appears he does have a history of invading the stage during live events. Twenty-six nations performed in the grand final at the riverside Altice Arena, watched by millions around the world.
  • Trump exit from nuke deal won't affect oil industry: Iran

    The global community has never recognized the annexation and regards the Golan Heights as Israeli-occupied territory. Iran's Foreign Ministry condemned the strikes, calling them a "blatant violation of the country's sovereignty".
    UFC 224 Results: Amanda Nunes TKO Raquel Pennington

    UFC 224 Results: Amanda Nunes TKO Raquel Pennington

    But in that initial moment, I don't think it's an easy call for a corner to make. "All I need is one strike to end the fight". I want to do this fight. "I am always motivated for every fight and I promise you I will be motivated for this one, too".
    Public office in Afghanistan comes under armed attack

    Public office in Afghanistan comes under armed attack

    Taliban militants and fighters of Islamic State outfit have presence in the province, some 120 km east of Afghan capital of Kabul. There's also been heightened security fears around preparations for the elections in October.

Most liked

Jurgen Klopp hails 'nearly ideal season' for Liverpool
Brighton arrived having secured their place in the top tier for next season with a win against Manchester United over a week ago. Some had reservations about his signing given a previous underwhelming spell in England with Chelsea , Liverpool's owner John W.

Leicester City boss Claude Puel: 'We should have beaten Tottenham Hotspur'
We had to do much better after our third goal. "I think Daniel is going to listen, of course". We have priority players to sign but they go to a club with more money.

Chili's Grill & Bar Says "Data Incident" May Have Exposed Credit Card Data
Chili's restaurant revealed there was a data breach of credit card information at some of its restaurants in March and April. They added that they believe the scope of the incident was limited to March and April 2018.

Karnataka Polls: Neither Siddaramaiah, Nor Yeddyurappa Will Become Chief Minister, Claims JD(S)
However, the low voter turnout in the 28 Assembly constituencies in Bengaluru city has caused concern in the Election Commission . It predicts 82 to 94 seats for Congress, while JD (S) and others will get 18-31 seats and 1 to 8 seats respectively.

Bolton says sanctions are possible against doing business with Iran
The other countries involved in the deal remain in the accord despite Trump's decision. Bolton did not rule out sanctions on European countries that do business with Iran.

Central Intelligence Agency nominee Gina Haspel should renounce torture
Joe Donnelly (D-Ind.) announced Saturday he will vote for President Donald Trump's nominee for CIA Director Gina Haspel . Democrats have expressed concern about Haspel's involvement in the post 9/11-era interrogation and detention programs.

UAE's national oil company to invest 45bln Dollars into new refinery complex
Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Sunday requested all stakeholders. Our per capita energy consumption is very modest which will increase in the coming years.

Thunderstorm, dust storm hit Delhi-NCR region; flights affected
The sudden weather changes also interrupted CM Arvind Kejriwal's programme in Delhi's IP Extension. Almost 114 domestic and nine worldwide flights were delayed.

'Avengers: Infinity War' stays strong with $61-M third weekend
As of Wednesday, Infinity War has grossed $1.251 billion, with $479 million made in the USA and $772 million in worldwide markets. In 2017, " The Fate of the Furious " became the fastest-opening Hollywood film in China , with $184 million in three days.

Guardiola delighted as City reach 100 points
Gabriel Jesus struck with virtually the last kick at St Mary's to take City to the century mark in suitably dramatic fashion. We didn't play 38 games perfectly, but most of the time we were so good.

'Lethal Weapon' Renewed with Seann William Scott In and Clayne Crawford Out
FOX has made a decision to renew its action drama series Lethal Weapon for a third season, but it's not exactly that cut and dry. Television has decided not to renew Clayne Crawford's contract for 'Lethal Weapon , '" WBTV said in a statement Sunday.

Supreme Lewis Hamilton wins Spanish Grand Prix
Vettel who had pitted for fresh mediums during the safety auto , found it hard to match Hamilton's pace at the restart. Could Max Verstappen have won the race? Mercedes have rarely appeared to be F1's fastest outfit this season.

Donald Trump now wants to save ZTE and everyone's confused
In a stark announcement earlier this week, the Chinese telecom giant confirmed it was shutting down "major operating activities". He said that the Commerce Department, the USA authority which has imposed the seven-year ban, had been told to "get it done".

Liverpool's Salah named Premier League Player of the Season
The 25-year-old has scored 31 goals in 37 league matches following his move from Roma last year and 43 goals in all competitions. Dejan Lovren nodded in a second before the break, the defender powerfully converting Andrew Robertson's left-wing cross.

McIlroy named as richest young sports star
Tennis player Andy Murray is second in the rankings, with the Scot's wealth estimated at 83 million pounds. Mesut Ozil, who signed a new deal with Arsenal earlier this year, is the sole inclusion from the Emirates.