Zacks Investment Research downgraded shares of MPLX LP (MPLX) from OUTPERFORM to NEUTRAL on March 18, 2013, with a target price of $41.10.
MPLX LP is a fee-based limited partnership formed to own, operate, develop and acquire crude oil, refined product and other hydrocarbon-based product pipelines and other midstream assets. The Company's assets consist of a network of common carrier crude oil and product pipeline systems and associated storage assets in the Midwest and Gulf Coast regions of the United States. MPLX LP is based in Findlay, Ohio.
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