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Fly News Breaks for December 14, 2018
EQM, EQT, ETRN
Dec 14, 2018 | 08:26 EDT
Credit Suisse analyst Spiro Dounis initiated Equitrans Midstream (ETRN) with a Neutral rating and $25 price target following its spinoff from parent EQT (EQT) last month. The analyst tells investors in a research note that he sees average ~7% DPU growth and prefer the simpler structure, but views current valuation as full for Equitrans on a SOTP basis and for the underlying EQT Midstream (EQM) units.
News For ETRN;EQT;EQM From the Last 2 Days
