Stifel Downgrades EnLink Midstream to Hold, Maintains Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Selman Akyol has downgraded EnLink Midstream (NYSE:ENLC) from Buy to Hold, while maintaining the price target at $15.
August 30, 2024 | 9:33 am
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NEUTRAL IMPACT
Stifel analyst Selman Akyol downgraded EnLink Midstream from Buy to Hold, maintaining the price target at $15. This suggests a neutral outlook on the stock.
The downgrade from Buy to Hold indicates a shift to a more neutral stance by the analyst, suggesting that the stock may not outperform in the short term. However, the maintained price target of $15 implies that the analyst does not foresee a significant downside either.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100