Morgan Stanley raises target on ATLS to $55.Considers Atlas to be top performing MLP in 2013!
why are we tanking today?
Because natgas down and lots of press to effect "warm winter, gas prices dropping, production never going down"
Thats a huge increase if I recall correctly. Did they offer any specifics to justify the increase?
Even at a 4% yield they must be expecting over $2 in distributions. Thats more than I expect in 2013 but I certainly wouldn't complain about being wrong.
Distributions starting in 2013--$1.98,$2.88,$3.52,and $4.09 in 2016!