American Midstream Partners, LP stated a 1780 loss of shares from 30 June - 15 July Âé¶¹´«Ã½Ó³»“ a 2.8% of short interest.
As a result, Zacks upgraded AmericanÂé¶¹´«Ã½Ó³»™s shares from a strong sell rating to a hold rating.
Zacks stated: Âé¶¹´«Ã½Ó³»œAmerican Midstream Partners owns, operates, develops and acquire a diversified portfolio of natural gas midstream energy assets. Its primary assets Âé¶¹´«Ã½Ó³»“ located in Alabama, Louisiana, Mississippi, Tennessee and Texas Âé¶¹´«Ã½Ó³»“ provide an infrastructure that links producers and suppliers of natural gas to diverse natural gas markets, including various pipelines, as well as utility, industrial and other commercial customers.Âé¶¹´«Ã½Ó³»
Recently, other brokerages have upgraded their ratings Âé¶¹´«Ã½Ó³»“ Wunderlich repeated their buy rating on American and TheStreet advanced their rating from sell to hold; the company now has an average hold rating and a consensus price target of US$20.33.
Edited from various sources, , , , by