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Analyst Actions: Deutsche Bank Initiates Coverage of Tallgrass Energy with Hold; PT $24; Shares Up 1%

Posted
6/10/2013 2:45:00 PM
By: MT Newswires
Referenced Stocks:TEP

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.