EV Energy Partner (EVEP) Rating Maintained at Citigroup
Written on Tue, 08/17/2010 - 9:56am By Chip Brian EV Energy Partner (NASDAQ:EVEP) maintained Buy, target raised to $38.5 from $38, at Citigroup. The stock closed yesterday at $34.00 on volume of 183,400 shares, below the average daily volume of 267,161. In the past 52-weeks, shares of EV Energy Partner have traded between a low of $19.69 and a high of $37.9 and are now at $34, which is 72.7% above that low price. EV Energy Partner is currently above its 50-day moving average (MA) of $33.70 and above its 200-day MA of $30.89. In the last five trading sessions, the 50-day MA has climbed 1.48% while the 200-day MA has risen 0.67%. EV Energy Partner LP explores for oil and natural gas.