DT Midstream price target raised to $76 from $62 at Citi

Citi raised the firm’s price target on DT Midstream to $76 from $62 and keeps a Neutral rating on the shares. The firm cites base business outperformance, a higher terminal value due to power generation demand growth, and new near-term growth opportunities for the target increase. The analyst now expects DT to exceed the high-end of its 2024 guidance range.