Investment analysts at DA Davidson initiated coverage on shares of Blueknight Energy Partners L.P., L.L.C. – Series A Preferred Units (NASDAQ:BKEPP) in a research report issued on Friday. The brokerage set a “buy” rating and a $7.00 price target on the stock.

Blueknight Energy Partners L.P., L.L.C. – Series A Preferred Units (NASDAQ:BKEPP) traded up 1.39% during midday trading on Friday, reaching $8.02. 3,915 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $7.90 and a 200 day moving average price of $7.32. The company’s market cap is $297.13 million. Blueknight Energy Partners L.P., L.L.C. – Series A Preferred Units has a 52 week low of $5.71 and a 52 week high of $8.75.

5 Day Chart for NASDAQ:BKEPP

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