Wolfe Research downgraded Enterprise Products (EPD) to Peer Perform from Outperform without a price target The firm does not see a catalyst to drive greater investor inflows or a reason for the stock to regain a sizable valuation premium over peers. Enterprise’s financial results “were unexciting” during 2024 and Wolfe does not see much change for the upcoming Q4 report, the analyst tells investors in a research note.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EPD:
- Enterprise Products price target raised to $35 from $31 at Barclays
- Enterprise Products price target raised to $40 from $37 at Truist
- Enterprise Products downgraded to Equal Weight from Overweight at Wells Fargo
- Unusually active option classes on open December 2nd
- Enterprise Products files automatic mixed securities shelf