Wells Fargo raised the firm’s price target on Enterprise Products (EPD) to $36 from $35 and keeps an Equal Weight rating on the shares. The firm notes the company continues to expect mid-single digit EBITDA growth over the near-to-intermediate term. 2025 growth capex guidance was increased by about $0.5B.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EPD:
- Enterprise Products Partners Reports Strong 2024 Earnings
- Enterprise Products Partners’ Earnings Call Highlights 2024 Successes and Challenges
- Enterprise Products reports Q4 EPS 74c, consensus 71c
- EPD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Enterprise and ONEOK extend terminal transfer fee waiver for ICE Midland WTI