Feb. 22 at 7:21 PM
$DTM DT Midstream price target raised to
$150 from
$133 at Wells Fargo
Wells Fargo raised the firm's price target on DT Midstream to
$150 from
$133 and keeps an Overweight rating on the shares. The company's backlog update of
$3.4B met Street expectation and management said the shadow backlog was "multiples of this," the analyst tells investors in a research note. Wells says DT has the" most upside torque to new projects given its smaller size."