RBC Capital Maintains Outperform on Equitrans Midstream, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst TJ Schultz maintains an Outperform rating on Equitrans Midstream (ETRN) and raises the price target from $10 to $13.
July 28, 2023 | 2:17 pm
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RBC Capital maintains an Outperform rating on Equitrans Midstream and raises the price target from $10 to $13. This could potentially lead to an increase in the stock's price.
The Outperform rating maintained by RBC Capital indicates that they expect Equitrans Midstream to outperform the market or its sector in the short term. The increase in the price target from $10 to $13 suggests that they believe the stock is undervalued at its current price, which could lead to an increase in the stock's price as the market adjusts to this new information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100