UBS Maintains Buy on EnLink Midstream, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Shneur Gershuni has reaffirmed a Buy rating on EnLink Midstream (NYSE:ENLC) and increased the price target from $14 to $15.
January 18, 2024 | 3:19 pm
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UBS analyst Shneur Gershuni maintains a Buy rating on EnLink Midstream and raises the price target from $14 to $15, indicating a positive outlook on the stock.
The increase in price target by UBS suggests a positive sentiment towards EnLink Midstream's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as price target adjustments by reputable analysts are often considered newsworthy and can influence market behavior.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100