Zacks Investment Research downgraded shares of KINDER MORG MGT (KMR) from NEUTRAL to UNDERPERFORM on October 19, 2012, with a target price of $75.80.
KINDER MORG MGT KMP is the largest independent owner/operator of products pipelines in the country, transporting more than two million barrels a day of gasoline, jet fuel, diesel fuel and natural gas liquids through more than 10,000 miles of pipelines. The Products Pipelines segment also includes associated storage terminals and transmix processing facilities. It is America's largest pipeline master limited partnership.
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