Truist analyst Neal Dingmann raised the agency’s worth goal on Enterprise Merchandise (EPD) to $40 from $37 and retains a Purchase ranking on the shares. The agency expects Enterprise’s natural exercise to proceed to generate strong progress pushed by its built-in pure fuel liquids companies as Permian oil and NGL manufacturing proceed to notably develop, the analyst tells traders in a analysis be aware. The corporate additionally has quite a few main capital tasks which might be deliberate to return on-line in the course of the subsequent a number of quarters, particularly starting in Q3, although BMO estimates annual capital spend for Enterprise Merchandise materially lowering starting in 2026 mixed with larger baseline natural enterprise, the agency added.
Printed first on TheFly – the final word supply for real-time, market-moving breaking monetary information. Strive Now>>
See Insiders’ Sizzling Shares on TipRanks >>
Learn Extra on EPD:
