Morgan Stanley raised the firm’s price target on Enterprise Products (EPD) to $38 from $34 and keeps an Underweight rating on the shares. The firm updated estimates as part of its North American midstream and renewable energy infrastructure weekly updated.
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Read More on EPD:
- Enterprise Products price target raised to $39 from $37 at Scotiabank
- Enterprise Products price target raised to $39 from $35 at JPMorgan
- Enterprise Products price target raised to $39 from $38 at Barclays
- Enterprise Products price target raised to $41 from $38 at Stifel
- Enterprise Products call volume above normal and directionally bullish