What 7 Analyst Ratings Have To Say About Magellan Midstream
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 7 analysts have published their opinion on Magellan Midstream (NYSE:MMP) stock. The company has an average price target of $61.57, an increase of 6.47% from the previous average price target of $57.83. The majority of the analysts are indifferent about the stock with only one analyst being somewhat bullish.
July 06, 2023 | 1:00 pm
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NEUTRAL IMPACT
Analysts have given mixed reviews on Magellan Midstream's stock, with the majority being indifferent and one being somewhat bullish. The average price target has increased by 6.47% to $61.57.
The stock has received mixed reviews from analysts, with most being indifferent and only one being somewhat bullish. This suggests that there is no clear consensus on the stock's future performance. However, the increase in the average price target suggests that analysts see potential for the stock's price to increase, which could have a positive impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100