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Western Midstream price target lowered to $44 from $45 at Mizuho

Mizuho lowered the firm’s price target on Western Midstream (WES) to $44 from $45 and keeps an Outperform rating on the shares. The firm updated midstream estimates post the Q1 reports. Midstream’s Q1 reporting cycle seemed to confirm that the near-term outlook across the group is mostly unchanged, but investors will focus on posturing around growth in fiscal 2026 and beyond, the analyst tells investors in a research note.

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