Citi lowered the firm’s price target on Enterprise Products (EPD) to $35 from $37 and keeps a Buy rating on the shares. The firm cites lower cash flow estimates driven by a moderated Permian growth outlook over the near-term for the target cut.
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Read More on EPD:
- Enterprise Products Partners Executive Resignation and Agreement
- Enterprise Products Partners: Strategic Buy Rating Supported by Strong Financial Commitments and Competitive Advantages
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- Enterprise Products Partners: Mixed Sentiment with Positive Outlook
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