By: Benzinga
UPDATE: Citigroup Upgrades Buckeye Partners to Neutral, Raises PT on Positive Operating Momentum
In a report published Monday, Citigroup upgraded its rating on Buckeye Partners (NYSE: BPL ) from Sell to Neutral, and raised its price target from $49.00 to $55.00. Citigroup noted, “This follows two consecutive quarters of strong operating performance, continuing balance sheet repair, success with several crude logistics projects, and
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