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Enterprise Products downgraded to Peer Perform from Outperform at Wolfe Research

Enterprise Products downgraded to Peer Perform from Outperform at Wolfe Research

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.

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