Enterprise Products Partners LP (EPD): The canal block event has already had an...

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pete807

Re: artfulife post# 629

Saturday, 03/27/2021 9:36:08 AM

Saturday, March 27, 2021 9:36:08 AM

The canal block event has already had an effect on the trend toward the raised PT by Morgan Stanley.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162717364
Morgan Stanley Reassigns Coverage of Enterprise Products Partners With Overweight Rating, $33 Price Target

April will be a catalyst month as the 1288 institutions that hold EPD get back all in or increase holdings for the distribution.

In between the current payout cycle Feb - May, as in most every every quarter the MLP's dip and become strong buys leading back to the ex-date for May, August , Nov, etc. . Normally the peak is a week before the ex date.

EPD is also buying back shares...
https://seekingalpha.com/article/4416178-top-10-undervalued-income-stocks-for-2021-value-beats-growth?app=1&mail_subject=weekend-summary-on-your-portfolio-portfolio-1&utm_campaign=nl-portfolio&utm_content=link-6&utm_medium=email&utm_source=seeking_alpha

EPD is a great anchor to your portfolio IMHO.

GLTA
-pete

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
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