Zacks Investment Research downgraded shares of PETROLOGISTICS (PDH) from NEUTRAL to UNDERPERFORM on September 27, 2012, with a target price of $12.30.
PetroLogistics LP operates as a propylene producer in the United States. It owns and operates propane dehydrogenation facility that processes propane into propylene. The Company's product is utilized in the production of a variety of end uses including paints, coatings, building materials, clothing, automotive parts, packaging and a range of other consumer and industrial products. PetroLogistics LP is headquartered in Houston, Texas.
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