Analysts Raise Enterprise Products Partners’ Price Targets to $34–$40
Enterprise Products Partners received price-target increases from Scotiabank (to $37), TD Cowen (to $34) and RBC Capital (to $40) following its annual results and revised 2027 outlook. Analysts cite upcoming project ramps driving strong free cash flows, anticipate mid-single-digit distribution hikes and accelerated unit buybacks.
1. Analyst Price-Target Increases
Enterprise Products Partners saw its price target raised by Scotiabank to $37, by TD Cowen to $34 and by RBC Capital to $40, with all three firms maintaining neutral to outperform ratings on the stock.
2. Drivers Behind Upgrades
Analysts cited the company’s solid annual results and an upward revision to its 2027 guidance, noting that new NGL and petrochemical projects coming online are expected to generate robust free cash flows.
3. Distribution and Buyback Strategy
Forecasts call for mid-single-digit distribution growth and an acceleration of unit buybacks, reflecting management’s commitment to returning capital to investors and supporting long-term unit value.