Energy Transfer (ET) PT Raised to $23 at Stifel

Stifel analyst Selman Akyol raised the price target on Energy Transfer (NYSE: ET) to $23.00 (from $21.00) while maintaining a Buy rating.

The analyst commented, “ET is seeing a robust opportunity set and is pursuing several large projects to drive growth in 2026 and beyond. Yesterday, ET announced its first natural gas supply contract with Cloudburst, supplying a Texas data center with ~450 MMcf/d, in what we view as midstream's first data center related agreement. Today they expanded on the opportunity which we believe will be very well received by investors.”

You May Also Be Interested In

• Fiserv (FISV) PT Lowered to $60 at Freedom Broker
• Critical One Energy closes second tranche of flow-through placement
• Jefferies on Five Below (FIVE): 'Our latest channel checks reinforce our view that FIVE's momentum extends well beyond viral Squish trends'