UPDATE: Bank of America Initiates SunCoke Energy Partners at Buy on Valuation, Drop-Down Growth
Posted on February 12, 2013 at 08:00 AM EST
Bank of America initiated coverage on SunCoke Energy Partners (NASDAQ: SXCP ) with a Buy rating and a $23.00 price objective. Bank of America noted, "We initiate SunCoke Energy Partners LP (SXCP) with a Buy rating and $23 PO. SXCP is the MLP spinoff of SunCoke Energy (SXC) and holds