A number of research firms have changed their ratings and price targets for Enbridge Energy Partners, L.P. (NYSE: EEP):

9/19/2016 – Enbridge Energy Partners, L.P. was upgraded by analysts at Goldman Sachs Group Inc. from a “sell” rating to a “neutral” rating. They now have a $24.00 price target on the stock, up previously from $20.00.
9/9/2016 – Enbridge Energy Partners, L.P. is now covered by analysts at FBR & Co. They set an “outperform” rating and a $31.00 price target on the stock.
9/7/2016 – Enbridge Energy Partners, L.P. was upgraded by analysts at Piper Jaffray Cos. from a “neutral” rating to an “overweight” rating.
9/7/2016 – Enbridge Energy Partners, L.P. was upgraded by analysts at Simmons from a “neutral” rating to an “overweight” rating. They now have a $28.00 price target on the stock, up previously from $25.00.
9/2/2016 – Enbridge Energy Partners, L.P. was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Oil and natural gas transporter Enbridge Energy Partners L.P. has a diversified business portfolio, stable fee-based operating income and a strong liquidity position. Focus on fee-based and diversified business has enabled Enbridge Energy Partners to dilute its risks, as well as generate stable earnings. Enbridge’s exposure to Bakken Shale, Haynesville Shale and Granite Wash is another positive. However, we remain apprehensive about the lower pricing environment for oil. Enbridge Energy Partners also remains vulnerable to macro conditions and unstable oil & gas prices, which could hurt its margins in natural gas and other business. Additionally, the high capital expenditure required for the ambitious growth plans may reduce cash distribution growth.”
8/3/2016 – Enbridge Energy Partners, L.P. was given a new $23.00 price target on by analysts at Morgan Stanley. They now have a “sell” rating on the stock.
8/1/2016 – Enbridge Energy Partners, L.P. was upgraded by analysts at Credit Suisse Group AG from a “neutral” rating to an “outperform” rating. They now have a $27.00 price target on the stock, up previously from $25.00.
7/27/2016 – Enbridge Energy Partners, L.P. had its price target raised by analysts at JPMorgan Chase & Co. from $22.00 to $24.00. They now have a “neutral” rating on the stock.

Shares of Enbridge Energy Partners, L.P. (NYSE:EEP) opened at 24.95 on Friday. The firm’s 50-day moving average is $24.27 and its 200 day moving average is $21.88. Enbridge Energy Partners, L.P. has a 12-month low of $14.27 and a 12-month high of $29.99. The stock has a market capitalization of $8.68 billion, a P/E ratio of 280.34 and a beta of 1.02.
Enbridge Energy Partners, L.P. (NYSE:EEP) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.09 by $0.13. The firm had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.06 billion. The business’s quarterly revenue was down 20.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.18 EPS. On average, equities research analysts forecast that Enbridge Energy Partners, L.P. will post $0.74 EPS for the current fiscal year.
Enbridge Energy Partners, L.P. is a limited partnership that owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States. The Company’s activities include interstate pipeline transportation and storage of crude oil and liquid petroleum, and gathering, treating, processing and transportation of natural gas and natural gas liquids (NGLs), through pipelines and related facilities, and supply, transportation and sales services, including purchasing and selling natural gas and NGLs.

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