JPMorgan raised the firm’s price target on Energy Transfer LP (ET) to $24 from $23 and keeps an Overweight rating on the shares. After catching up with management and marking to market commodity prices, the firm models Q4 adjusted EBITDA of about $3.95B, versus the Street median of about $4B. On the call, the firm will be looking for details on the 2025 outlook, progress on the Hugh Brinson Pipeline commercialization and the Mississippi South open season efforts, the analyst tells investors in a preview.
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