Morgan Stanley Reiterates Overweight on Energy Transfer, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Robert Kad has reiterated an Overweight rating on Energy Transfer (NYSE:ET) and maintained a $17 price target.
July 20, 2023 | 1:15 pm
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Morgan Stanley has reiterated an Overweight rating on Energy Transfer and maintained a $17 price target.
The Overweight rating from Morgan Stanley indicates a positive outlook for Energy Transfer. The maintained price target of $17 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100