B of A Securities Maintains Underperform on Equitrans Midstream, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Neel Mitra maintains an Underperform rating on Equitrans Midstream (NYSE:ETRN) and raises the price target from $5 to $9.
June 08, 2023 | 2:53 pm
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Equitrans Midstream's (NYSE:ETRN) Underperform rating is maintained by B of A Securities analyst Neel Mitra, with an increased price target from $5 to $9.
The news directly mentions Equitrans Midstream (ETRN) and its Underperform rating being maintained by B of A Securities analyst Neel Mitra. The price target has been raised from $5 to $9, which may indicate a slightly more positive outlook on the stock. However, the Underperform rating suggests that the stock may still underperform compared to the market. The short-term impact on the stock price is likely to be neutral as the rating remains unchanged, but the increased price target may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100