Bluegrass pipeline uncertain........A report published Monday by - TopicsExpress

Bluegrass pipeline uncertain........A report published Monday by J.P. Morgan downgraded Boardwalk Pipeline Partners (Co-owners of Bluegrass Pipeline) from Neutral to Underweight. J.P. Morgan noted that Boardwalk Pipeline Partners near-term growth and Bluegrass pipeline REMAINS UNCERTAIN. The analyst reported that competitor initiatives increase the uncertainty of the Bluegrass prospects given Boardwalks lack of a completion of a binding open season. Further risk weighs on the markets demand of higher yield given the companys weak growth. Read more: benzinga/analyst-ratings/analyst-color/13/10/4027874/update-j-p-morgan-downgraded-boardwalk-pipeline-partners#ixzz2l9Tk6hOw

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