Energy Transfer Partners (ETP +1.7%) is upgraded to Equal Weight from Underweight with a $50...

|About: Energy Transfer Partners, L.P. (ETP)|By:, SA News Editor

Energy Transfer Partners (ETP +1.7%) is upgraded to Equal Weight from Underweight with a $50 price target at Morgan Stanley, which sees the emergence of a path to distribution growth following YTD underperformance (-12%), a solid Q3 (1.01x coverage at ETP), and completion of the SUN merger.