Tata Motors Limited (TTM) Is At $19.55 Formed Wedge; Magellan Midstream Partners, L.P. (MMP) Had 5 Bulls

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Among 12 analysts covering Magellan Midstream (NYSE:MMP), 5 have Buy rating, 3 Sell and 4 Hold. Therefore 42% are positive. Magellan Midstream had 16 analyst reports since January 4, 2018 according to SRatingsIntel. On Friday, March 16 the stock rating was maintained by Morgan Stanley with “Underweight”. The company was maintained on Friday, February 2 by Barclays Capital. The firm earned “Buy” rating on Friday, February 2 by Bank of America. RBC Capital Markets upgraded Magellan Midstream Partners, L.P. (NYSE:MMP) on Monday, April 9 to “Outperform” rating. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) has “Buy” rating given on Thursday, January 4 by U.S. Capital Advisors. The company was maintained on Tuesday, January 16 by RBC Capital Markets. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Equal-Weight” rating by Barclays Capital on Tuesday, April 17. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, February 1. The stock has “Neutral” rating by JP Morgan on Tuesday, March 13. Mizuho maintained it with “Sell” rating and $6600 target in Wednesday, April 11 report. See Magellan Midstream Partners, L.P. (NYSE:MMP) latest ratings:

20/04/2018 Broker: Deutsche Bank Rating: Hold New Target: $70 Initiates Coverage On
17/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $76 New Target: $69 Maintain
11/04/2018 Broker: Mizuho Rating: Sell New Target: $66.0000 Maintain
09/04/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
05/04/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Old Target: $73 Upgrade
27/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $77 New Target: $71 Maintain
16/03/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $73 New Target: $69 Maintain
13/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $78 New Target: $75 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $80 New Target: $81 Maintain
02/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $78 New Target: $77 Maintain

Tata Motors Limited (TTM) formed wedge down with $18.38 target or 6.00% below today’s $19.55 share price. Tata Motors Limited (TTM) has $12.90 billion valuation. The stock increased 1.56% or $0.3 during the last trading session, reaching $19.55. About 1.06 million shares traded. Tata Motors Limited (NYSE:TTM) has declined 41.71% since July 1, 2017 and is downtrending. It has underperformed by 54.28% the S&P500. Some Historical TTM News: 11/05/2018 – TATA GLOBAL BEVERAGES APPROVES ISSUE OF DEBENTURES; 24/04/2018 – MPS LTD MPSL.NS SAYS CO ENTERED INTO BUSINESS TRANSFER AGREEMENT WITH TATA INDUSTRIES LIMITED FOR ACQUISITION OF TATA INTERACTIVE SYSTEMS; 16/05/2018 – TATA STEEL 4Q NET PROFIT 101.9B RUPEES ON ONE-TIME GAIN; 09/04/2018 – Indian Firms May Rely Less on Loans After Bond Rally: Tata AM; 23/05/2018 – TATA MOTORS 4Q JLR REV. GBP7.56B; 20/04/2018 – Rediff: Chandra and his 3S philosophy to take Tata Sons ahead; 18/04/2018 – Hindu Bus Line: Tata Lockheed Martin sets up metal bonding facility in indigenisation push; 11/05/2018 – TATA GLOBAL BEVERAGES 4Q HAD LOSS OF 431.4M RUPEES FROM JVS; 23/05/2018 – TATA MOTORS – QTRLY CONSOL EXCEPTIONAL ITEM ON PROVISION FOR IMPAIRMENT OF CAPITAL WORK-IN-PROGRESS, INTANGIBLES UNDER DEVELOPMENT WAS INR 16.41 BLN; 08/03/2018 – MUMBAI (NewsRise) — India’s Tata Steel has emerged as the highest bidder to buy a controlling stake in debt-laden Bhushan Steel, a development that could allow the company to become the market leader at home but which could also significantly increase its debt and thwart a nascent recovery

The stock increased 1.10% or $0.75 during the last trading session, reaching $69.08. About 634,326 shares traded. Magellan Midstream Partners, L.P. (NYSE:MMP) has declined 7.22% since July 1, 2017 and is downtrending. It has underperformed by 19.79% the S&P500. Some Historical MMP News: 09/03/2018 – Magellan Midstream plans expansion of fuel system in Texas; 23/05/2018 – Singapore Bourse: Change In Mmp Resources Limited; 03/05/2018 – MAGELLAN MIDSTREAM PARTNERS – NET INCOME PER LIMITED PARTNER UNIT ESTIMATED TO BE $4.10 FOR 2018; 02/05/2018 – MAGELLAN MIDSTREAM BOOSTS SCOPE & EXTENDS OPEN SEASON; 24/05/2018 – francesca’s Extends Its Contract with MMP, Demonstrating Its Dedication to Empowering Front Line Team Members with INCITE Platform; 20/04/2018 – DJ Magellan Midstream Partners LP, Inst Holders, 1Q 2018 (MMP); 03/05/2018 – Magellan Midstream Sees 2Q EPS 95c; 03/05/2018 – MAGELLAN MIDSTREAM CEO MIKE MEARS COMMENTS ON CALL; 26/04/2018 – MAGELLAN MIDSTREAM PARTNERS LP – FIRST-QUARTER 2018 DISTRIBUTION IS 7% HIGHER THAN FIRST-QUARTER 2017 DISTRIBUTION; 03/05/2018 – MAGELLAN SEES LOWER RATES AMID PERMIAN PIPELINE COMPETITION

Since February 12, 2018, it had 0 buys, and 1 sale for $1.51 million activity. Shares for $1.51M were sold by MEARS MICHAEL N on Monday, February 12.

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company has market cap of $15.76 billion. The firm operates through Refined Products, Crude Oil, and Marine Storage divisions. It has a 18.42 P/E ratio. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services.

Magellan Midstream Partners, L.P. (NYSE:MMP) Institutional Positions Chart