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Salient MLP (NYSE:SMF) was downgraded by research analysts at Stifel from a “buy” rating to a “hold” rating in a report released on Tuesday.

Salient MLP (NYSE:SMF) traded down 3.85% on Tuesday, hitting $31.71. The stock had a trading volume of 80,130 shares. Salient MLP has a one year low of $25.50 and a one year high of $33.18. The stock’s 50-day moving average is $31.23 and its 200-day moving average is $28.94.

Separately, analysts at Stifel Nicolaus downgraded shares of Salient MLP from a “buy” rating to a “hold” rating in a research note on Tuesday. They now have a $30.00 price target on the stock.

Salient MLP and Energy Infrastructure Fund (NYSE:SMF), is an organized, non-diversified, closed-end management investment company.

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