DT Midstream Guidance Prompts 5% Price Forecast Cut By Analyst
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 26 2025
0mins
Source: Benzinga
Price Forecast Adjustment: J.P. Morgan analyst Jeremy Tonet lowered the price target for DT Midstream, Inc. from $115.00 to $109.00 while maintaining a Neutral rating, despite the company exceeding EPS estimates and raising its 2025 adjusted EBITDA guidance by 18%.
Growth Potential and Developments: DT Midstream is positioned for strong growth with significant revenue protection through minimum volume contracts, and it announced new projects including a gas transmission lateral for AES Indiana and a precedent agreement for a power plant in West Virginia.
Analyst Views on NBET
Wall Street analysts forecast NBET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NBET is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 34.429
Low
Averages
High
Current: 34.429
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
