UPDATE: Stifel Nicolaus Downgrades Williams Partners to Hold Awaiting Further Clarity

In a report published Friday, Stifel Nicolaus analyst Selman Akyol downgraded the rating on Williams Partners (NYSE: WPZ ) from Buy to Hold, and removed the $60.00 price target. In the report, Stifel Nicolaus noted, “We remain confident investors stand to benefit over the long term from the growing fee-based business