Argus Research Downgrades Magellan Midstream to Sell
Portfolio Pulse from richadhand@benzinga.com
Argus Research analyst Bill Selesky has downgraded Magellan Midstream (NYSE:MMP) from Hold to Sell.
August 16, 2023 | 11:53 am
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NEGATIVE IMPACT
Magellan Midstream (NYSE:MMP) has been downgraded from Hold to Sell by Argus Research.
The downgrade from Hold to Sell by Argus Research indicates a negative outlook for Magellan Midstream. This could potentially lead to a decrease in the stock price in the short term as investors may sell their holdings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100