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Enterprise Products Partners (EPD) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Wed Jun 24, 4:04AM CDT

In a report released today, Theresa Chen from Barclays maintained a Buy rating on Enterprise Products Partners, with a price target of $41.00.

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According to TipRanks, Chen is a top 100 analyst with an average return of 18.1% and a 73.50% success rate. Chen covers the Energy sector, focusing on stocks such as Enterprise Products Partners, Targa Resources, and TC Energy.

Enterprise Products Partners has an analyst consensus of Moderate Buy, with a price target consensus of $41.57.

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Based on Enterprise Products Partners’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $14.39 billion and a net profit of $1.48 billion. In comparison, last year the company earned a revenue of $15.42 billion and had a net profit of $1.39 billion

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