EnLink Midstream to Present November 29 at the Jefferies Energy Conference

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Go back to EnLink Midstream to Present November 29 at the Jefferies Energy Conference

UBS Raises Price Target Following EnLink Midstream Partners (ENLK) Feedback Questions

November 16, 2016 8:56 AM EST

UBS reiterated a Buy rating on EnLink Midstream Partners (NYSE: ENLK), and raised the price target to $20.00 (from $19.00), after addressing feedback questions.

Analyst Shneur Gershuni commented, "Assuming the same YOY decline rate through 2018 as in 3Q16, cash flow from North Texas should decline to ~$81MM/qtr in 2018 from $90MM/qtr in 3Q16. ENLK plans to... More