Scotiabank analyst Brandon Bingham lowered the firm’s price target on Venture Global (VG) to $12 from $13 and keeps a Sector Perform rating on the shares. The company is updating its price targets for U.S. Midstream stocks under its coverage, the analyst tells investors. The firm notes Q3 earnings highlighted the natural hedge provided by diversification and scale, as companies with multiple business lines, multi-basin exposure, or having the largest footprint within a basin mitigated the impacts of an uncertain macro and volatile/declining commodity prices.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VG:
- Venture Global price target lowered to $16 from $17.50 at Goldman Sachs
- Venture Global price target lowered to $11 from $14 at Wells Fargo
- Venture Global, Inc. Class A’s Robust Q3 2025 Earnings Call
- Venture Global, Mitsui announces 20-year LNG sales and purchase agreement
- Midday Fly By: SoftBank exits Nvidia, CoreWeave cuts guidance