Citigroup Maintains Neutral on Equitrans Midstream, Raises Price Target to $9.25
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Spiro Dounis maintains a Neutral rating on Equitrans Midstream (NYSE:ETRN) and raises the price target from $6.5 to $9.25.
June 06, 2023 | 9:40 am
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Equitrans Midstream (NYSE:ETRN) and raises the price target from $6.5 to $9.25.
The news directly mentions Equitrans Midstream (ETRN) and the price target increase by Citigroup. However, the Neutral rating suggests that the stock price may not experience significant short-term movement. The importance is high as it is a price target update by a major financial institution, and the confidence in the analysis is also high due to the direct mention of ETRN.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100