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A statement released earlier today by Credit Suisse about Nustar Energy LP (NYSE:NS) bumps the target price to $47.00

Boasting a price of $49.19, Nustar Energy LP (NYSE:NS) traded 0.92% lower on the day. With the last stock price close up 5.07% from the 200-day average, compared with the S&P 500 which has decreased -0.01% over the date range. Nustar Energy LP has recorded a 50-day moving average of $48.33 and 200-day average of $46.56. Volume of trade was was up over the average, with 426,140 shares of NS changing hands over the typical 291,867 shares.

Credit Suisse upped the target price of Nustar Energy LP (NYSE:NS) to $47, stating a possible downside of -0.04%,

See Graph Below:

Nustar Energy LP (NYSE:NS)

Nustar Energy LP has a P/E of 19 with a 52 week low of $25.65 and a one-year high of $53.47. Nustar Energy LP’s market capitalization is presently $0.0.

Brief Synopsis On Nustar Energy LP (NYSE:NS)

NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminaling and storage of petroleum products, and the marketing of petroleum products. The Company’s operating segments include pipeline, storage and fuels marketing. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia. The storage segment includes terminal and storage facilities that provide storage, handling and other services for petroleum products, crude oil, specialty chemicals and other liquids. The fuels marketing segment involve the purchase of crude oil, fuel oil, bunker fuel, fuel oil blending components and other refined products for resale. The Company’s assets include approximately 5, 500 miles of refined product pipelines with over 20 associated terminals; over 2, 000 miles of anhydrous ammonia pipelines; approximately 1, 200 miles of crude oil pipelines, and and over 50 terminal and storage facilities.

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