Seeking Alpha

Kinder Morgan Partners (KMP +0.7%) is upgraded to Buy from Hold with a $93 target price at...

Kinder Morgan Partners (KMP +0.7%) is upgraded to Buy from Hold with a $93 target price at Argus, based on the potential for further distributable cash flow growth at the partnership level. The firm thinks KMP's size and structure will provide competitive advantages and expect it to benefit from the growing demand for energy infrastructure.
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Comments (1)
  • Sumflow
    , contributor
    Comments (3641) | Send Message
     
    That price target can be looked at as the current net asset value of KMR which sells for a bit less.
    2 Dec 2012, 08:03 PM Reply Like
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