Monday, December 12, 2011

Spectra (SEP) (SNI) (STO) (BBEP) (BBY) (BEAM) Ratings, Price Targets

Spectra Energy Partners, LP (SEP), Scripps Networks Interactive, Inc. (SNI), Statoil (STO), Breitburn Energy (BBEP), Best Buy Co., Inc. (BBY) and BEAM (BEAM) ratings and price targets.

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Spectra Energy Partners, LP (SEP). They placed a “Neutral” rating on the company.

Evercore Partners initiated coverage on Scripps Networks Interactive, Inc. (SNI). They placed an “Equal Weight” rating and a price target of $50.00 on the company.

Goldman Sachs (NYSE:GS) downgraded Statoil (STO) from a “Buy” rating to a “Neutral” rating.

Bank of America (NYSE:BAC) initiated coverage on Breitburn Energy (BBEP). They placed a “Buy” rating and a price target of $22.00 on the company.

Piper Jaffray (NYSE:PJC) reiterated its “Buy” rating on Best Buy Co., Inc. (BBY).

Nomura initiated coverage on BEAM (BEAM). They placed a “Reduce” rating on the company.

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