Enterprise Products Analysts Split on $35 vs. $34 Price Targets
RBC Capital maintained its Buy rating on Enterprise Products with a $35 price target, while Morgan Stanley reiterated a Sell rating with a $34 target, reflecting divergent views on the MLP’s outlook. Scotiabank raised its price target from $34 to $35, citing rising power demand and expanded LNG exports driving long-term earnings potential.
1. Analyst Ratings Diverge
On January 28, 2026, RBC Capital’s Elvira Scotto maintained a Buy rating on Enterprise Products and kept a price target of $35, signaling confidence in the partnership’s asset base and fee-based cash flows. That same day, Morgan Stanley’s Robert Kad upheld a Sell rating with a $34 price target, pointing to valuation concerns and potential headwinds in commodity spreads.
2. Scotiabank Raises Target on Energy Trends
Earlier on January 16, 2026, Scotiabank analysts held a Sector Perform rating but increased their price target from $34 to $35. The bank highlighted growing power demand and substantial LNG export volumes as catalysts for enhanced long-term earnings visibility.
3. Consensus and Outlook
Of the 23 analysts covering Enterprise Products, 57% assign Buy ratings, underscoring a modest majority bullish stance. The divergence in price targets underscores mixed sentiment around midstream throughput growth and tariff-related risks.