Wells Fargo Maintains Equal-Weight on Equitrans Midstream, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Blum maintains an Equal-Weight rating on Equitrans Midstream (ETRN) and raises the price target from $12 to $13.
May 02, 2024 | 1:43 pm
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Wells Fargo maintains an Equal-Weight rating on Equitrans Midstream and raises the price target from $12 to $13.
The increase in price target by Wells Fargo suggests a positive outlook on Equitrans Midstream's stock, potentially leading to short-term price appreciation. The maintenance of an Equal-Weight rating indicates a neutral long-term view, but the raised target is a bullish signal for the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100