Stock Rating Upgrade
In the last week the Value Trend Rating for NuStar Energy LP (NYSE: NS) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
NuStar Energy LP (NYSE: NS) stock declined modestly by -1.5% on 4/8/24. The stock closed at $22.50. However, trading volume in this decline was exceptionally low at 34% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NS is expected to continue to be a major Value Builder.
NuStar Energy has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. NuStar Energy has a poor Appreciation Score of 30 but a very high Power Rating of 97, resulting in the Positive Value Trend Rating.
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