Three separate brokerage firms decided Boardwalk Pipeline Partners (BWP, Financial) had risen enough to finally get interested in buying again. God forbid they would have told anyone to buy near the multi-year low.
The MLP’s units (similar to shares) have now gone up about 37.5% since hitting $11.99 in mid-March.
As of 3:05 p.m. on Tuesday BWP was trading for $16.50.