Mizuho analyst Gabriel Moreen lowered the firm’s price target on Enterprise Products (EPD) to $38 from $39 and keeps an Outperform rating on the shares as part of a Q2 preview. The firm cites petrochemical headwinds and a modified volume outlook for the target trim.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EPD:
- Enterprise Products call volume above normal and directionally bullish
- Unusually active option classes on open July 7th
- Enterprise Products initiated with a Hold at TD Cowen
- Hold Rating on Enterprise Products Partners Amidst NGL Infrastructure Concerns and Stabilizing Refined Product Trends
- BIS Lifts Export Restrictions on Enterprise Products
