Stifel Upgrades NuStar Energy: Here's What You Need To Know

Stifel upgraded its rating of NuStar Energy NS to Buy with a price target of $19.50, changing its price target from $20.00 to $19.50.

Shares of NuStar Energy are trading up 1.8% over the last 24 hours, at $16.41 per share.

A move to $19.50 would account for a 18.83% increase from the current share price.

About NuStar Energy

NuStar Energy LP is a US-based pipeline and terminal operator. The company along with its subsidiaries is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of crude oil and specialty chemicals, and the marketing of petroleum products. Its business is organized into the segments of; Pipeline, Storage, and Fuels Marketing. Geographically, the company operates in the United States and Foreign and derives key revenue from the Pipeline business.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.