|
November 4, 2009
10:24 am ET ... S&P MAINTAINS BUY OPINION ON LP UNITS OF TARGA RESOURCES PARTNERS (NGLS 18.87****): NGLS reports Q3 earnings per unit of $0.23 vs. $0.31, below our $0.30 estimate and Street estimate of $0.31. The shortfall reflects lower prices and volumes.We believe that the company's recent natural gas liquids business acquisition will improve its diversity and add a fee-based cash flow. Based on Q3 results, we are decreasing our 2009 earnings per unit to $0.56 from $0.63. However, we are maintaining our 12-month target price of $24, based on our expected yield of 8.2% on a 12-month forward distribution estimate, in line with peers. /T.Shafi Rating :
  (3 Ratings) |
51/Male |
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
|---|---|---|---|---|---|
|
S&P keeps BUY rating and $24 target
|
mizesaw |
 
|
5-Nov-09 07:32 am | ||
|
Merril Lynch continues to a BUY rating as well
...
|
notsosimple... | (1 Rating) | 6-Nov-09 09:06 am | ||
|
Here are some others you may want to look at:...
|
mizesaw | (2 Ratings) | 6-Nov-09 01:10 pm | ||
|
Some other good one's, I think, are Kind...
|
spacuna72 | (2 Ratings) | 6-Nov-09 02:27 pm |
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
0.14