Enterprise Products Partners L.P. (EPD) Gets Higher Target at Scotiabank as Guidance Tops Consensus

Scotiabank analyst Brandon Bingham raised his price target for Enterprise Products Partners L.P. (EPD) to $37 from $35, maintaining a Sector Perform rating, after the company delivered solid fourth-quarter results and guidance that exceeded consensus. Enterprise Products Partners reported record EBITDA of $2.7 billion in Q4 2025, driven by new assets, despite pressures from lower crude prices and tighter marketing spreads. The company’s co-chief executive highlighted fully contracted export terminals and strong demand for long-term commitments for LPG export capacity, showcasing its strong midstream energy services position.

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