Mizuho lifts Energy Transfer target to USD 26 ahead of Q3 results

Ad-Hoc-News · 6 hours ago
Mizuho lifts Energy Transfer target to USD 26 ahead of Q3 results
  • Mizuho raised its ET price target to USD 26.00 from USD 25.00 on October 13, 2026 and kept its Outperform rating.
  • Energy Transfer agreed on October 6, 2026 to acquire Vaquero Midstream for USD 2.63 billion, adding 675 MMcf/d of processing capacity.
  • Energy Transfer reported Q2 adjusted EBITDA of USD 5.10 billion versus USD 3.90 billion a year earlier. FY26 adjusted EBITDA guidance is USD 18.80-19.10 billion.
  • Barclays maintained a Buy rating and USD 24.00 target on Energy Transfer on October 15, 2026.
  • Energy Transfer is scheduled to report Q3 results on November 3, 2026.
  • ET was last quoted at USD 20.25 on October 16, 2026 on NYSE American, with a market capitalization of USD 69.7 billion.

Quotes

“Vaquero adds 675 MMcf/d of capacity under a USD 2.63 billion deal.”— Ad-Hoc-News

Sources