Barclays lowered the firm’s price target on DT Midstream (DTM) to $102 from $107 and keeps an Equal Weight rating on the shares. With the backdrop of significant market volatility and macro uncertainty, DT “emerges as a relatively insulated name due to its fee-based contracts and volume protection,” the analyst tells investors in a research note.
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Read More on DTM:
- DT Midstream upgraded to Overweight from Hold at US Capital Advisors
- DT Midstream price target raised to $115 from $102 at UBS
- DT Midstream price target raised to $105 from $92 at Morgan Stanley
- DT Midstream initiated with a Buy at BofA on expected EBITDA growth
- DT Midstream initiated with a Buy at BofA