UPDATE: Citigroup Upgrades Spectra Energy Partners LP to Buy, Reiterates $33 PT
Posted on November 19, 2012 at 10:03 AM EST
In a report published Monday, Citigroup upgraded its rating on Spectra Energy Partners LP (NYSE: SEP ) from Neutral to Buy, and reiterated its $33.00 price target. Citigroup noted, “We are upgrading SEP to Buy and maintaining our target price of $33.00. Our TP assumes SEP can increase the annual