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Stock impact report

Citi Raises Price Target on DT Midstream, Inc. (DTM) [Yahoo! Finance]

DT Midstream, Inc. (DTM) 
Company Research Source: Yahoo! Finance
DT Midstream, Inc. (NYSE: DTM ) is one of the 13 best oil and gas storage stocks to buy according to hedge funds On February 24, Citi increased the price target on DT Midstream, Inc. (NYSE:DTM) from $130 to $156, while maintaining its Buy rating. The firm noted that the company's updated investment outlook came in ahead of expectations, and management's remarks reflected a more confident stance on growth prospects. Citi Raises Price Target on DT Midstream, Inc. (DTM) DT Midstream, Inc. (NYSE:DTM) indicated that expansion is likely to outpace 7% annualized growth rate through the remainder of the decade. Additionally, the company revealed that its project pipeline is several times larger than the already announced $3.4 billion capital plan, which is roughly half approved. On February 23, Wells Fargo increased the price target for DT Midstream, Inc. (NYSE:DTM) from $133 to $150, maintaining an Overweight rating on the stock. The firm pointed to the company's $3.4 billion demand Show less Read more
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