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In a report published Monday, J.P. Morgan & Co. reiterated its Neutral rating on Oiltanking Partners LP (NYSE: OILT), and raised its price target from $32.00 to $38.00.
J.P. Morgan noted, “We rate OILT Neutral with a YE13 $38/unit price...
In a report published Wednesday, Citigroup reiterated its Buy rating on Oiltanking Partners LP (NYSE: OILT), and raised its price target from $40.00 to $41.50.
Citigroup noted, “Despite units having traded up 17% over the last two months, we...
Oiltanking Partners, L.P. (NYSE: OILT) today announced that the board of directors of its general partner has approved a $70 million expansion project to construct approximately 3.3 million barrels of new crude oil storage capacity at its Houston...
Bank of America lowered its rating on Oiltanking Partners LP (NYSE: OILT) from Buy to Neutral but raises its price objective from $35 to $38.
Bank of America commented, "With a current yield of 3.9% (versus an average MLP sector yield of 6.2%)...