Barclays analyst Theresa Chen lowered the firm’s price target on DT Midstream (DTM) to $107 from $112 and keeps an Equal Weight rating on the shares. Approaching Q1 earnings season, the firm expects recent developments across the natgas infrastructure landscape to be among the key topics of conversation, including Trump’s calls to resurrect the Constitution pipeline in the Northeast, the potential for a significant westward buildout, and LNG progress.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DTM:
- PepsiCo downgraded, HubSpot upgraded: Wall Street’s top analyst calls
- DT Midstream initiated with a Buy at UBS
- DT Midstream price target lowered to $108 from $118 at Wells Fargo
- DT Midstream’s Earnings Call: Growth Amid Challenges
- DT Midstream’s Strong Growth Potential and Strategic Investments Drive Buy Rating