Enterprise Products Partners (EPD) Tops Q1 EPS by 9c, Revenues Miss; Reduces FY20 Cap. Ex. Outlook

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Go back to Enterprise Products Partners (EPD) Tops Q1 EPS by 9c, Revenues Miss; Reduces FY20 Cap. Ex. Outlook

Mizuho Securities Reiterates Buy Rating on Enterprise Products Partners (EPD) Following 1Q Report

April 30, 2020 6:56 AM EDT

Mizuho Securities analyst Gabriel Moreen reiterated a Buy rating and $24.00 price target on Enterprise Products Partners (NYSE: EPD) following the company's 1Q earnings call. On the call, management indicated that EPD stands to gain $500-600mn in marketing and optimization margin in 2020, that should mute... More