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.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NGL: