Reported 1 day ago
UBS has reiterated a 'Neutral' rating for Western Midstream Partners LP (WES) with a price target of $40 as the company prepares to finalize its $1.4 billion acquisition of ARIS Water Solution. The deal, expected to be completed in Q4 2025, aims to enhance WES's water midstream operations in the Delaware Basin and is projected to positively impact its 2026 free cash flow, despite analysts suggesting other AI stocks may present better investment opportunities.
Source: YAHOO