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PetroLogistics LP Message Board

  • busy26795 busy26795 Feb 11, 2013 2:52 PM Flag

    PDH Upgrade...PetroLogistics target raised to $20 at Dahlman Rose due to propane-propylene spread improvement

    11-Feb-13 08:39 ET

    PDH


    PetroLogistics target raised to $20 at Dahlman Rose due to propane-propylene spread improvement

    Dahlman Rose raises their PDH tgt to $20 from $16 following 4Q12 results, which benefitted from an improved propane-propylene spread. Looking ahead, firm sees tight supply-demand fundamentals continuing to support the spread and expand upside for PDH.

    Sentiment: Strong Buy