- Energy Transfer Equity (ETE +4.2%) is among the energy sector's biggest gainers after a company director discloses the purchase of more than 1.17M shares at $49.01-$53.55, worth ~$60.5M, during Oct. 9-14.
- ETE also has been gaining some favorable analyst comment this week: Morgan Stanley reiterates its Overweight rating on the stock and believes recent price weakness has created a buying opportunity, and Baird yesterday upgraded ETE to Outperform as the marketing business is less exposed to falling crude prices than its underlying limited partnership.
Energy Transfer Equity director bought 1.17M shares in recent days
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Symbol | Last Price | % Chg |
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ET | - | - |
Energy Transfer LP Common Units |