Goldman Sachs Reinstates Buy on Equitrans Midstream, Announces $11.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst John Mackay has reinstated Equitrans Midstream (NYSE:ETRN) with a Buy rating and announced a price target of $11.5.
October 06, 2023 | 10:25 am
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Goldman Sachs has reinstated a Buy rating on Equitrans Midstream and set a price target of $11.5.
The reinstatement of a Buy rating by a major financial institution like Goldman Sachs is a positive signal for Equitrans Midstream. The price target of $11.5 suggests that the analyst sees potential for the stock's price to increase, which could lead to positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100