Citigroup Maintains Buy on EnLink Midstream, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Spiro Dounis has maintained a Buy rating on EnLink Midstream (ENLC) and increased the price target from $13 to $16.
April 16, 2024 | 12:14 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on EnLink Midstream and raised its price target from $13 to $16.
The upgrade in the price target by a reputable analyst like Spiro Dounis from Citigroup is a strong positive signal for investors, indicating a bullish outlook on the stock. This could lead to increased investor confidence and potential upward movement in ENLC's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100