UPDATE: Oppenheimer Initiates Lehigh Gas Partners LP at Perform on Gasoline Consumption Outlook
Posted on February 15, 2013 at 08:18 AM EST
Oppenheimer initiated coverage on Lehigh Gas Partners LP (NYSE: LGP ) with a Perform rating. Oppenheimer noted, "We are initiating coverage of Lehigh Gas Partners LP (LGP) with a Perform rating, driven primarily by a more bearish outlook on US gasoline consumption growth. However, we believe the company's distributions