Western Gas Equity Partners (WGP +6.8%) surges after at least two firms start coverage with...


Western Gas Equity Partners (WGP +6.8%) surges after at least two firms start coverage with strong ratings. Barclays initiates at Overweight, forecasting WGP will be able to grow distribution by 41% in 2013 and 30% in 2014. Citigroup comes in at Buy, saying units remain attractive given the visibility to multiple years of double-digit growth supported by strong midstream fundamentals.
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