Copano Energy, L.L.C. News

W.R. Grace & Co. : Jefferies believes shares of W.R. Grace are well positioned for the summer after meeting with management and keeps a Buy rating on the name with a $70 price target.

In a company update published earlier today, Ladenburg Thalmann Financial Services reiterated its Buy rating for Copano Energy, LLC and lowered its price target from $40.00 to $38.00. Ladenburg Thalmann said it made its decisions "to reflect no distribution growth in 2012 and a 5.0% CAGR over the 2013-15 period while maintaining a 1.1-1.2x coverage ... (more)

Copano Energy LLC said on Thursday the company will spend about $190 million to add 400 million cubic feet of cryogenic processing capacity to its Houston Central complex in Colorado County.