DT Midstream price target raised to $150 from $148 at Jefferies

Jefferies raised the firm’s price target on DT Midstream (DTM) to $150 from $148 and keeps a Buy rating on the shares ahead of the Q1 report. The firm says the company’s Haynesville optionality “remains intact despite near-term macro noise.” However, the volatile macro backdrop could temper near-term enthusiasm for DT if its Q1 update “fails to deliver tangible new project announcements or clearer backlog line-of-sight,” the analyst tells investors in a research note.