Analyst Actions: Deutsche Bank Initiates Coverage of Tallgrass Energy with Hold; PT $24; Shares Up 1%
Analysts at Deutsche Bank Securities have initiated coverage of Tallgrass Energy ( TEP ) with a Hold rating and a $24 price target.
There was a flurry of other firms announcing coverage of the stock today including:
RW Baird with Outperform, $25 PT; Credit Suisse with Outperform, $26 PT; and Stifel Nicolaus with Buy, $23 PT
Tallgrass Energy provides natural gas transportation and storage services for customers in the Rocky Mountain and Midwest regions of the United States.
TEP is up 0.85% to $21.48, and moves within a 52-week range of $20.60 - $22.91.