Scotiabank raised the firm’s price target on Enterprise Products (EPD) to $39 from $37 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on U.S. Midstream stocks under its coverage, driven by slight increases in target multiples, the analyst tells investors.
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Read More on EPD:
- 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
- Enterprise Products price target raised to $37 from $35 at Scotiabank