JonesResearch downgraded Magellan Midstream (MMP) to Hold from Buy and removed the firm’s price target on the shares with the pending vote on the merger with Oneok (OKE) nearing.
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Read More on MMP:
- Magellan Midstream reports Q2 EPS $1.18, consensus $1.01
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- MMP Upcoming Earnings Report: What to Expect?
- Magellan Midstream Declares Cash Distribution of $1.0475 for Second Quarter 2023
- Magellan Midstream Announces Filing of Definitive Proxy Statement in Connection with Pending ONEOK Transaction