RBC Capital raised the firm’s price target on Genesis Energy to $16 from $15 and keeps an Outperform rating on the shares as part of a broader research note previewing Q3 results for U.S. Midstream names. The firm is updating its models to reflect shifts in commodity prices, hurricane impact, and dry gas production weakness, adding that it expects most companies to maintain 2024 outlooks, the analyst tells investors in a research note. For the company, RBC notes that while the near-term could see some volatility from offshore technical issues and soda ash market uncertainties, it believes that the cash flow inflection in 2025 remains intact and improvements in the soda ash market could provide additional uplift to results.