JP Morgan Maintains Neutral on EnLink Midstream, Lowers Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Jeremy Tonet has maintained a Neutral rating on EnLink Midstream (NYSE:ENLC) and lowered the price target from $13 to $12.
June 28, 2023 | 12:40 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on EnLink Midstream and lowered the price target from $13 to $12.
The news directly pertains to EnLink Midstream (ENLC). The lowered price target could indicate a less optimistic outlook for the company, but the maintained Neutral rating suggests that the analyst does not expect significant changes in the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100