NuStar Energy (NS -5.4%) is downgraded to Neutral from Outperform at Credit Suisse, which...

|About: NuStar Energy L.P. (NS)|By:, SA News Editor

NuStar Energy (NS -5.4%) is downgraded to Neutral from Outperform at Credit Suisse, which believes the company's distribution is again at risk to a cut following TexStar's termination of the NGL acquisition. Given the material impact of the failed transaction, the firm expects shares again will reflect the risk of a distribution cut.