Wunderlich Securities Lowers Spectra Energy Partners PT

Wunderlich Securities lowered its Spectra Energy SEP price target from $37 to $35 in a research report published today. Wunderlich Securities has a Hold rating on Spectra Energy. In the report, Wunderlich Securities states, "Although we have reduced our outlook for the distribution over the next several years, growth still looks solid over the near term." Shares of Spectra Energy were trading at $30.97 at the time of posting, up 0.78% from Thursday's market close.