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Analysts Offer Insights on Energy Companies: Enterprise Products Partners (EPD) and Hess Midstream Partners (HESM)

Tipranks - Wed May 6, 6:04AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Enterprise Products Partners (EPD) and Hess Midstream Partners (HESM).

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Enterprise Products Partners (EPD)

Wells Fargo analyst Michael Blum maintained a Buy rating on Enterprise Products Partners on April 30 and set a price target of $42.00. The company’s shares closed last Monday at $38.67.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 16.4% and a 71.6% success rate. Blum covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Venture Global, Inc. Class A, and Cheniere Energy Partners. ;'>

Enterprise Products Partners has an analyst consensus of Moderate Buy, with a price target consensus of $41.58, representing a 9.4% upside. In a report issued on April 15, Bank of America Securities also maintained a Buy rating on the stock.

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Hess Midstream Partners (HESM)

Wells Fargo analyst Praneeth Satish maintained a Hold rating on Hess Midstream Partners today and set a price target of $40.00. The company’s shares closed last Monday at $39.52.

Satish has an average return of 40.9% when recommending Hess Midstream Partners. ;'>

According to TipRanks.com, Satish is ranked #2293 out of 12228 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Hess Midstream Partners with a $37.75 average price target, implying a -2.9% downside from current levels. In a report released yesterday, TipRanks – Anthropic also downgraded the stock to Hold with a $42.00 price target.

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