NEW YORK, April 5 (newratings.com) - Analyst S Arnold of Credit Suisse upgrades Macquarie Infrastructure Co Trust (ticker: MIC) from "neutral" to "outperform." The target price has been raised from $40 to $45.

In a research note published this morning, the analyst mentions that the growth prospects of the company’s IMTT segment seem bright. Macquarie Infrastructure Co Trust is well diversified, with extremely low exposure to possible cost overruns on key projects, the analyst says. The possible sale of the Pennsylvania Turnpike and the New Jersey Turnpike is expected to turn investor focus towards the infrastructure space and, therefore, the company, Credit Suisse adds.

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