UPDATE: Bank of America Initiates Martin Midstream Partners LP with Neutral on Balanced Risk/Reward

In a report published Wednesday, Bank of America analyst Gabe Moreen initiated coverage on Martin Midstream Partners LP (NASDAQ: MMLP ) with a Neutral rating and $47.00 price target. In the report, Bank of America noted, “MMLP offers a diverse set of operations to collect, transport, store and distribute petroleum