Wells Fargo lowered the firm’s price target on NGL Energy Partners (NGL) to $5 from $6 and keeps an Equal Weight rating on the shares. The firm notes Q2 missed and management lowered FY25 EBITDA guidance by 3% to reflect lower expectations for the Liquids segment and lower crude oil prices.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NGL: