Baird Cuts TYG, LGCY, EMO, GEL, JMF, SMF to Neutral

Baird's Ethan Bellamy downgraded the following stocks, each from Outperform to Neutral:

• Tortoise Energy Infrastructure (NYSE: TYG) - $41 price target maintained
  
• Legacy Reserves LP (Nasdaq: LGCY) - $31 price target maintained
  
• ClearBridge Energy MLP Opp Fund (NYSE: EMO) - $20 price target maintained
  
• Genesis Energy (NYSE: GEL) - $29 price target maintained
  
• Nuveen Energy MLP Total Return Fund (NYSE: JMF) - $18 price target maintained
  
• Salient MLP and Energy Infrastructure (NYSE: SMF) - $26 price target maintained

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