UPDATE: Citigroup Upgrades Buckeye Partners to Neutral, Raises PT on Positive Operating Momentum
Posted on February 11, 2013 at 08:32 AM EST
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