Citigroup Maintains Buy on Western Midstream, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Spiro Dounis maintains a Buy rating on Western Midstream (NYSE:WES) but has lowered the price target from $32 to $30.
August 11, 2023 | 2:05 pm
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Citigroup maintains a Buy rating on Western Midstream but lowers the price target from $32 to $30.
The news is directly related to Western Midstream (WES). While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the Buy rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100