Stock Rating Upgrade
The Value Trend Rating for NuStar Energy LP (NYSE: NS) improved during the last several trading days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
NuStar Energy LP (NYSE: NS) stock closed at $17.19 on 11/10/23 after an increase of 1.5%. The stock has declined -3.6% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
NuStar Energy has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. NuStar Energy has a slightly negative Appreciation Score of 38 but a very high Power Rating of 86, and the Positive Value Trend Rating results.
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