JonesResearch downgraded Magellan Midstream (MMP) to Hold from Buy and removed the firm’s price target on the shares with the pending vote on the merger with Oneok (OKE) nearing.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on MMP:
- Magellan Midstream reports Q2 EPS $1.18, consensus $1.01
- Magellan Midstream Reports Second-Quarter 2023 Earnings
- MMP Upcoming Earnings Report: What to Expect?
- Magellan Midstream Declares Cash Distribution of $1.0475 for Second Quarter 2023
- Magellan Midstream Announces Filing of Definitive Proxy Statement in Connection with Pending ONEOK Transaction
