Capital One Downgrades EnLink Midstream to Equal-Weight, Announces $16 Price Target
Portfolio Pulse from Benzinga Newsdesk
Capital One analyst Wade Suki has downgraded EnLink Midstream (NYSE:ENLC) from Overweight to Equal-Weight, setting a price target of $16.
September 03, 2024 | 3:38 pm
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Capital One has downgraded EnLink Midstream from Overweight to Equal-Weight, with a new price target of $16.
The downgrade from Overweight to Equal-Weight by Capital One suggests a less bullish outlook on EnLink Midstream, which could lead to a negative short-term impact on its stock price. The $16 price target indicates a specific valuation expectation.
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