Goldman Sachs Mostly Upbeat on Pipelines (ENB, EPB, SXL, WPZ, NKA)

Before you go, we thought you'd like these...
Before you go close icon

An analyst call from the oil patch out of Goldman Sachs is being largely discounted or overlooked so far on Monday. The pipeline sector call was not positive for every player seen, but the report did have a much more positive sector bias to it.

Enbridge Inc. (NYSE: ENB) was raised to Buy from Neutral and the price target was raised to $46 for the transportation and distribution of crude oil and natural gas company. What is interesting is that this is close to a street high, as the highest analyst price target appears to be $47.00. even if the consensus target was about $45.30 for Enbridge.

El Paso Pipeline Partners L.P. (NYSE: EPB) received an upgrade to Buy from Neutral. and Sunoco Logistics Partners L.P. (NYSE: SXL) received an upgrade to Buy from Sell. Williams Partners L.P. (NYSE: WPZ) was raised to Buy from Neutral.

The downgrade was in Niska Gas Storage Partners LLC (NYSE: NKA), which was cut to Sell from an already cautious Neutral with only an $11 target, sending shares (or units) down 2.5% to under $12.00.

JON C. OGG


Filed under: 24/7 Wall St. Wire, Analyst Calls, Oil & Gas Tagged: ENB, EPB, NKA, SXL, WPZ
Read Full Story

Markets

S&P 500 2,384.20 -4.57 -0.19%
DJIA 20,940.51 -40.82 -0.19%
NASDAQ 6,047.61 -1.33 -0.02%
DAX 12,438.01 -5.78 -0.05%
NIKKEI 225 19,196.74 -55.13 -0.29%
HANG SENG 24,615.13 -83.35 -0.34%
USD (per EUR) 1.09 0.00 0.16%
USD (per CHF) 0.99 0.00 -0.12%
JPY (per USD) 111.30 -0.21 -0.19%
GBP (per USD) 1.29 0.00 -0.05%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners

20 Folks Recall Shocking Interview Moments That Made Them NOT Want the Job 20 Folks Recall Shocking Interview Moments That Made Them NOT Want the Job
Man Suspects His Wife Is Cheating On Him - Then His Daughter Reveals What's Really Going Man Suspects His Wife Is Cheating On Him - Then His Daughter Reveals What's Really Going
Nature Gets Revenge On Safari Hunter Who Killed Elephants And Lions For Sport Nature Gets Revenge On Safari Hunter Who Killed Elephants And Lions For Sport