RBC Capital Raises Energy Transfer LP Price Target to $23

Reported 1 day ago

RBC Capital has increased its price target for Energy Transfer LP (ET) from $20 to $23 while maintaining an Outperform rating. The analyst highlights the company’s advantageous position to capitalize on rising natural gas demand and production, citing its extensive asset base, strong cash flow, and attractive distribution yield as key factors for investment.

Source: YAHOO

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