Stifel Downgrades DT Midstream to Hold, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Selman Akyol has downgraded DT Midstream from Buy to Hold, while raising the price target from $78 to $89.
October 30, 2024 | 1:12 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Stifel analyst Selman Akyol downgraded DT Midstream from Buy to Hold, but increased the price target from $78 to $89, indicating a more cautious outlook despite a higher valuation.
The downgrade from Buy to Hold suggests a more cautious stance by the analyst, which could lead to neutral sentiment in the short term. However, the raised price target to $89 indicates potential for price appreciation, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100