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FBR Capital disclosed NGL Energy Partners LP NGL (NYSE:NGL), reducing its target price to $19.00 today

Boasting a price of $12.65, NGL Energy Partners LP NGL (NYSE:NGL) traded 2.59% higher on the day. With the last stock price close down -13.33% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. NGL Energy Partners LP NGL has recorded a 50-day average of $10.37 and a two hundred day average of $13.73. Volume of trade was down over the average, with 0 shares of NGL changing hands under the typical 1,357,540

NGL Energy Partners LP NGL (NYSE:NGL) had its target bumped down to $19.00 by FBR Capital in an issued report announced Thursday June 08, 2017. The bumped down target suggests a potential upside of 0.50% from the company's most recent stock price close.

Performance Chart

NGL Energy Partners LP NGL (NYSE:NGL)

With a total market value of $0, NGL Energy Partners LP NGL has with a one year low of $8.57 and a one year high of $25.80 .

A total of 8 equity analysts have released a ratings update on the stock. 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $16.00.

About NGL Energy Partners LP NGL (NYSE:NGL)

NGL Energy Partners LP owns and operates a vertically integrated energy business. The Company's segments are crude oil logistics, water solutions, liquids, retail propane, refined products and renewables, and corporate and other. Its crude oil logistics segment includes owned and leased crude oil storage terminals, and owned and leased pipeline injection stations. Its water solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production, and for the disposal of solids, such as tank bottoms and drilling fluids. Its liquids segment supplies natural gas liquids to retailers, wholesalers, refiners and petrochemical plants throughout the United States and in Canada. Its retail propane segment consists of the retail marketing, and sale and distribution of propane and distillates, among others. The Company's refined products and renewables segment is engaged in gasoline, diesel, ethanol and biodiesel marketing operations.

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