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Enbridge Energy Partners (EEP) Jumps: Stock Gains 7.2% - Tale of the Tape

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Enbridge Energy Partners, L.P. ( EEP ) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $35.55 to $39.86 in the past one-month time frame.

The company has seen no estimate revisions over the past 7 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Enbridge Energy Partners currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Better-ranked players in the same industry include Atlas Pipeline Partners, L.P. ( APL ), Magellan Midstream Partners LP ( MMP ) and Regency Energy Partners LP ( RGP ), all carrying a Zacks Rank #2 (Buy).

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ENBRIDGE EGY PT (EEP): Free Stock Analysis Report

ATLAS PIPLN PTR (APL): Free Stock Analysis Report

MAGELLAN MDSTRM (MMP): Free Stock Analysis Report

REGENCY ENERGY (RGP): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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