Energy Transfer (NYSE:ET) Trading 2.4% Higher Following Analyst Upgrade

NodeGuardian · 2026-03-29T13:45:35+00:00

Energy Transfer's stock rose 2.4% after Morgan Stanley raised its price target to $21. The company reported a revenue increase to $25.32 billion and raised its dividend to $0.335, yielding 7.1%. Institutional investors hold 38.22% of its stock.

NodeGuardian

2026-03-29 13:45:35

Abstract generation in progress

Energy Transfer (NYSE:ET) saw its stock rise by 2.4% after Morgan Stanley increased its price target from $19 to $21, though maintaining an equal-weight rating. Despite missing EPS estimates, the company reported increased revenue of $25.32 billion and raised its quarterly dividend to $0.335, resulting in a 7.1% yield. Institutional investors have been actively trading shares, with a modest 38.22% of the company’s stock owned by them.

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