Energy Transfer (ET) Stock: $20 Price Target And Buy Rating

By Amit Chowdhry ● May 5, 2022
  • The shares of Energy Transfer (NYSE: ET) have received a price target of $20. These are the details.

The shares of Energy Transfer (NYSE: ET) have received a price target of $20. And UBS analyst Shneur Gershuni increased the price target on Energy Transfer from $19 while maintaining a “Buy” rating on the shares.

The rating was adjusted following Energy Transfer’s first-quarter results.

Energy Transfer reported a Q1 EPS of $0.38, which was $0.06 better than analyst estimates of $0.32. And the revenue for the quarter was $20.49 billion compared to the consensus estimate of $18.76 billion.

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