Scotiabank analyst Brandon Bingham raised the firm’s price target on Enterprise Products (EPD) to $37 from $35 and keeps a Sector Perform rating on the shares. The quarter was solid and guidance is currently beating consensus expectations, but notes there is a gap between communicated data points and the end result in a model, the analyst tells investors.
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 price target raised to $34 from $33 at TD Cowen
- Enterprise Products price target raised to $40 from $35 at RBC Capital
- Enterprise Products price target raised to $34 from $33 at Jefferies
- Enterprise Products price target raised to $39 from $36 at Citi
- Enterprise Products price target raised to $38 from $35 at Barclays