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Morgan Stanley Raises Enterprise Products Partners (EPD) Price Target to $38
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Enterprise Products Partners L.P. (NYSE:EPD) is included among the 13 Oil Stocks with Highest Dividends. Enterprise Products Partners L.P. (NYSE:EPD) is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products, and petrochemicals. On March 18, Morgan Stanley raised its price recommendation on Enterprise Products Partners L.P. (NYSE:EPD) to $38, up from $34. It reiterated an Underweight rating on the stock. The update came as the firm revised its estimates as part of its weekly review of North American midstream and renewable energy infrastructure. Enterprise Products Partners L.P. (NYSE:EPD) delivered results that exceeded both earnings and revenue estimates in its Q4 2025 results posted last month. The company is targeting its free cash flow to reach $1 billion in 2026, with 50% to 60% of it allocated to buybacks. Additionally, as more projects come online, EPD expects a 10% area growth in adjusted EBITDA and cash flow in 2027 compared to 2026. Enterprise Products Partners L.P. (NYSE:EPD) was held by 27 hedge funds at the end of Q4 2025 in the Insider Monkey database, putting it in our list of the 12 Best Large Cap Energy Stocks to Buy Now. While we acknowledge the potential of EPD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 12 Best Large Cap Energy Stocks to Buy Now. Disclosure: None.
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