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Analysts Are Bullish on EPD, MMP, and MPLX

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Enterprise Products Partners

Among the 23 Reuters-surveyed analysts covering Enterprise Products Partners (EPD), 12 rated it as a “strong buy,” ten rated it as a “buy,” and one rated it as a “hold.” So, 96% of the analysts rated Enterprise Products Partners as a “strong buy” or “buy.” There weren’t any “sell” recommendations for the stock. The median target price for Enterprise Products Partners is $33.

Based on the median target price, Enterprise Products Partners might have an upside of ~19% in a year. The above graph shows analysts’ recommendations for Enterprise Products Partners, Magellan Midstream Partners (MMP), and MPLX (MPLX).

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Magellan Midstream Partners

Among the 21 analysts covering Magellan Midstream Partners, five rated it as a “strong buy,” five rated it as a “buy,” and 11 rated it as a “hold.” So, ~48% of the analysts rated Magellan Midstream as “strong buy” or “buy.” The median target price for Magellan Midstream Partners is $75, which implies an upside of ~21% from its current price.

MPLX

Among the 14 analysts covering MPLX, six rated it as a “strong buy,” six rated it as a “buy,” and two rated it as a “hold.” The median target price for MPLX is $41. If MPLX attains its target price in a year, it would mean an upside of ~21% for investors. For all three of the stocks, analysts expect ~20% upside in a year.

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