Morgan Stanley Upgrades Equitrans Midstream: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Morgan Stanley upgraded its rating of Equitrans Midstream (NYSE:ETRN) to Overweight with a price target of $14.00, up from $7.00. Shares of Equitrans Midstream are trading up 4.96% at $9.53 per share.
June 05, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley upgraded Equitrans Midstream (ETRN) to Overweight and raised its price target to $14.00. ETRN shares are trading up 4.96%.
Morgan Stanley's upgrade of Equitrans Midstream to Overweight and the increase in price target from $7.00 to $14.00 indicates a positive outlook for the stock. This news is likely to boost investor confidence and drive the stock price up in the short term. The 4.96% increase in share price further supports this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100