Capital One Initiates Coverage On EnLink Midstream with Overweight Rating, Announces Price Target of $15
Portfolio Pulse from Benzinga Newsdesk
Capital One analyst Wade Suki has initiated coverage on EnLink Midstream (ENLC) with an Overweight rating and set a price target of $15.
March 22, 2024 | 4:21 pm
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Capital One has initiated coverage on EnLink Midstream with an Overweight rating and a price target of $15, indicating a positive outlook.
The initiation of coverage by a major financial institution like Capital One, especially with an Overweight rating, suggests a strong bullish sentiment towards ENLC. The set price target of $15 further emphasizes the positive outlook, likely leading to increased investor interest and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100