Citi raised DT Midstream’s price target to $156 from $130, maintaining a Buy rating. The firm’s capital outlook update exceeded expectations, with growth projected to surpass a 7% compound annual rate through the decade. Management highlighted an opportunity backlog “multiples” of the $3.4B capital outlook already 50% sanctioned.

Source: TheFly

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Read more at Yahoo Finance: DT Midstream price target raised to $156 from $130 at Citi