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Crestwood Midstream Partners (NYSE:CMLP) Director John J. Sherman sold 56,436 shares of Crestwood Midstream Partners stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $22.01, for a total transaction of $1,242,156.36. Following the transaction, the director now directly owns 108,015 shares in the company, valued at approximately $2,377,410. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on CMLP shares. Analysts at Barclays reiterated an “equal weight” rating on shares of Crestwood Midstream Partners in a research note on Monday, May 12th. They now have a $13.00 price target on the stock, down previously from $14.00. Separately, analysts at Zacks upgraded shares of Crestwood Midstream Partners from an “underperform” rating to a “neutral” rating in a research note on Wednesday, March 26th. They now have a $22.70 price target on the stock. Finally, analysts at RBC Capital cut their price target on shares of Crestwood Midstream Partners from $26.00 to $24.00 in a research note on Wednesday, March 26th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Crestwood Midstream Partners currently has an average rating of “Buy” and an average price target of $22.68.

Crestwood Midstream Partners (NYSE:CMLP) remained flat at $21.99 during during mid-day trading trading on Thursday. The stock had a trading volume of 541,440 shares. Crestwood Midstream Partners has a one year low of $20.40 and a one year high of $25.60. The stock’s 50-day moving average is $22.71 and its 200-day moving average is $22.69. The company’s market cap is $4.134 billion.

Crestwood Midstream Partners (NYSE:CMLP) last announced its earnings results on Tuesday, May 6th. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.08 by $0.11. The company had revenue of $537.00 million for the quarter, compared to the consensus estimate of $444.10 million. On average, analysts predict that Crestwood Midstream Partners will post $0.40 earnings per share for the current fiscal year.

Crestwood Midstream Partners LP is a master limited partnership. The Company owns and operates midstream businesses in multiple unconventional shale resource plays across the United States.

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