What To Know About RBC Capital's Upgrade of Equitrans Midstream
Portfolio Pulse from Benzinga Insights
RBC Capital upgraded its rating of Equitrans Midstream (NYSE:ETRN) to Outperform with a price target of $10.00, up from $7.00. Shares of Equitrans Midstream are trading up 35.88% over the last 24 hours, at $8.28 per share.
May 30, 2023 | 5:00 pm
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POSITIVE IMPACT
Equitrans Midstream's rating upgraded to Outperform by RBC Capital with a new price target of $10.00. Shares are trading up 35.88% at $8.28.
RBC Capital's upgrade of Equitrans Midstream to Outperform with a higher price target of $10.00 is a positive signal for the stock. The 35.88% increase in share price over the last 24 hours indicates that the market is reacting positively to the news. This upgrade is likely to attract more investors and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100