Analyst Expectations For DT Midstream's Future
Portfolio Pulse from Benzinga Insights
DT Midstream (NYSE:DTM) has been analyzed by 3 analysts, with mixed opinions ranging from bullish to bearish. The average 12-month price target is $56.33, with a high of $59.00 and a low of $53.00, reflecting a 2.03% decrease from the previous average. Analysts from Barclays, Wolfe Research, and Mizuho have provided updates, with Barclays raising its target to $59.00, Wolfe Research setting a target of $53.00, and Mizuho lowering its target to $57.00. DT Midstream operates in natural gas midstream services and has shown strong profitability with a net margin of 38.89%, but faces challenges with revenue decline, below-average ROE, and ROA.
January 17, 2024 | 12:00 pm
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DT Midstream has received mixed analyst ratings with a slight decrease in the average price target. The company shows strong profitability but faces challenges in revenue growth and efficiency metrics like ROE and ROA.
The mixed analyst ratings and the slight decrease in the average price target suggest uncertainty, which could lead to a neutral short-term impact on the stock price. The company's strong net margin is a positive sign, but the concerns over revenue decline and below-average ROE and ROA could offset investor sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100