Goldman Sachs Reinstates Neutral on Energy Transfer, Announces $14 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst John Mackay has reinstated Energy Transfer (NYSE:ET) with a Neutral rating and announced a $14 price target.
October 06, 2023 | 10:00 am
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Goldman Sachs has reinstated Energy Transfer with a Neutral rating and a $14 price target.
The reinstatement of Energy Transfer by Goldman Sachs with a Neutral rating indicates that the firm sees the stock as fairly valued at current levels. The $14 price target suggests that Goldman Sachs believes the stock has potential for growth. This could influence investor sentiment and potentially impact the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100