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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