The price target for enterprise products was raised to $40 from $37 at Truist

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https://www.tipranks.com/news/the-fly/enterprise-products-price-target-raised-to-40-from-37-at-truist

Reality analyst Neil Dingman teased the company’s name Price target On enterprise products (Never) to $40 from $37 and maintains a buy rating on the stock. The company expects Enterprise organic activity to continue to deliver strong growth driven by its integrated NGL business as Permian oil and NGL production continues to grow significantly, the analyst told investors in a research note. The company also has several major capital projects scheduled to come online over the next few quarters, especially starting in Q3, although BMO estimates that annual capital spending on enterprise products declines significantly starting in 2026, the company added. Along with a rise in organic organic business.

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