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61% of Analysts Recommend ‘Buy’ for Magellan Midstream Partners

61% of Analysts Recommend ‘Buy’ for Magellan Midstream Partners

Of the 18 analysts covering Magellan Midstream Partners (MMP), six recommend “strong buy,” five recommend “buy,” five recommend “hold,” and two recommend “sell.” Their mean price target of $74.90 for Magellan Midstream Partners implies an 11% upside to its current price of $67.73.