Equitrans Midstream (ETRN) Receives New Coverage from Analysts at Wolfe Research
Analysts at Wolfe Research assumed coverage on shares of Equitrans Midstream (NASDAQ:ETRN) in a note issued to investors on Tuesday, Marketbeat.com reports. The brokerage set an “outperform” rating and a $25.00 price target on the stock. Wolfe Research’s price objective would indicate a potential upside of 17.32% from the stock’s previous close.
A number of other equities research analysts also recently issued reports on ETRN. Jefferies Financial Group initiated coverage on shares of Equitrans Midstream in a research note on Friday, November 9th. They set a “buy” rating on the stock. Wells Fargo & Co initiated coverage on shares of Equitrans Midstream in a research note on Tuesday, November 13th. They set a “market perform” rating and a $23.00 price target on the stock. US Capital Advisors began coverage on shares of Equitrans Midstream in a research note on Wednesday, November 14th. They set an “overweight” rating on the stock. Finally, LADENBURG THALM/SH SH began coverage on shares of Equitrans Midstream in a research report on Monday. They set a “buy” rating and a $26.00 price objective on the stock. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Equitrans Midstream has a consensus rating of “Buy” and an average target price of $24.67.
Equitrans Midstream stock opened at $21.31 on Tuesday. Equitrans Midstream has a 52-week low of $19.50 and a 52-week high of $23.05.
Equitrans Midstream Corp. is a wholly-owned subsidiary of EQT. It doesn’t have business operations. The company was founded on February 21, 2018 and is headquartered in Canonsburg, PA.
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