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KMI, EPD, WPZ, MPLX: Analysts Are Bullish on Midstream Companies

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Analysts’ recommendations for KMI

Of the analysts covering Kinder Morgan (KMI), 64% recommended “buy,” and 36% recommended “hold.” Their price target for Kinder Morgan is $21, implying a 28% upside to its current price of $16.45.

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Recommendations for EPD

The above chart shows analysts’ recommendations for Kinder Morgan, Enterprise Products Partners (EPD), Williams Partners (WPZ), and MPLX (MPLX). All analysts covering Enterprise Products Partners (EPD) recommended “buy.” Their price target for Enterprise Products is $31, implying a 15% upside to its current price of $26.93.

Ratings for WPZ

On May 4, RBC cut its target price for Williams Partners from $47 to $44. Of the analysts covering William Partners, 81% recommended “buy,” and 19% recommended “hold.” Their price target for Williams Partners is $44, implying a 20% upside to its current price of $36.80.

Analysts’ ratings for MPLX

MPLX stock got two price target raises and one cut on May 1. Guggenheim raised its price target for MPLX from $36 to $40, while Deutsche Bank its raised price target from $40 to $41. Stifel cut its price target for MPLX from $45 to $42.

Of the analysts covering MPLX, 94% recommended MPLX “buy,” and 6% recommended “hold.” Their price target for MPLX is $41.50, implying a 19% upside to its current price of $34.94.

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