Morgan Keegan Maintains Rating, Outlook For XTEX

In spite of uncertainty in terms of “What's next?” for Crosstex Energy, L.P. XTEX, Morgan Keegan reports the company to be consistent with the current forecast and maintains a rating of Outperform. In the report, Morgan Keegan writes, “The macro back-drop for midstream remains favorable and XTEX has more proposals out than at any time in its history,” as reasons for the speculation despite uncertainty moving forward. XTEX closed at $16.94 on Friday.
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Posted In: Analyst ColorAnalyst RatingsCrosstex Energy L.P.EnergyMorgan KeeganOil & Gas Refining & Marketing
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