In-Depth Examination Of 4 Analyst Recommendations For Western Midstream
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Western Midstream (NYSE:WES) over the past three months, with all four analysts maintaining an 'Indifferent' stance. The average 12-month price target has increased by 1.92% to $39.75. Western Midstream has shown strong financial performance with a 22.67% revenue growth, a net margin of 40.84%, and a return on equity of 11.34%.
September 16, 2024 | 12:01 pm
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NEUTRAL IMPACT
Western Midstream (NYSE:WES) has received 'Indifferent' ratings from analysts, with a slight increase in the average price target to $39.75. The company shows strong financial performance with significant revenue growth and high net margins.
The 'Indifferent' ratings suggest a neutral short-term impact on WES's stock price. However, the increase in the average price target and strong financial performance could provide a positive outlook in the longer term. The company's impressive revenue growth and profitability metrics are key factors for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100