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Stock Analysts’ new coverage for Tuesday, August 26th:

Scotiabank initiated coverage on shares of Cardinal Energy (TSE:CJ). The firm issued an outperform rating and a C$22.50 price target on the stock.

Bank of America initiated coverage on shares of FCB Financial Holdings (NYSE:FCB). They issued a buy rating and a $26.00 target price on the stock.

Citigroup Inc. assumed coverage on shares of Mobileye NV (NASDAQ:MBLY). The firm issued a buy rating and a $48.00 price target on the stock.

Wunderlich assumed coverage on shares of Plains GP Holdings (NASDAQ:PAGP). Wunderlich issued a neutral rating and a $33.00 price target on the stock. The analysts wrote, “PAGP is a pure-play general partner deriving 100% of its cash flow from its MLP, PAA, a Credit Suisse Top Pick. PAGP is positioned to deliver strong annual distribution growth with a three-year distribution CAGR of ~18%. PAA has demonstrated strength/resilience from diversified fee-based assets, an investment grade balance sheet, strong performance through a variety of mkt. conditions/economic cycles and one of the strongest management teams in the sector.”

Johnson Rice began coverage on shares of Parsley Energy (NYSE:PE). Johnson Rice issued an overweight rating on the stock.

Bank of America started coverage on shares of Transocean Partners (NASDAQ:RIGP). They issued a buy rating on the stock.

Morgan Stanley assumed coverage on shares of Transocean Partners (NASDAQ:RIGP). Morgan Stanley issued an overweight rating and a $31.00 price target on the stock. The analysts wrote, “Initiating coverage of RIGP at Overweight with a price target of $31, representing a total potential return of ~35%. We see a robust distribution growth story (~25% CAGR through 2016) as a result of RIG’s strong motivation to dropdown assets.”

Stephens started coverage on shares of United Natural Foods (NASDAQ:UNFI). Stephens issued an overweight rating and a $76.00 price target on the stock.

JPMorgan Chase & Co. began coverage on shares of VTTI Energy Partners (NASDAQ:VTTI). The firm issued an overweight rating and a $29.00 price target on the stock.

Bank of America started coverage on shares of VTTI Energy Partners (NASDAQ:VTTI). Bank of America issued a buy rating and a $27.00 price target on the stock.

Citigroup Inc. initiated coverage on shares of VTTI Energy Partners (NASDAQ:VTTI). They issued a buy rating and a $26.50 target price on the stock.

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