Raises Raymond James Its Price Target on Energy Transfer (ET)

Energy Transfer LP (NYSE:ET) is one of the On May 6, 2026, Raymond James analyst Justin Jenkins raised the firm’s price target on Energy Transfer LP (NYSE:ET) to $26 from $25 while maintaining a Strong Buy rating. The firm said Energy Transfer continues improving its finan

Energy Transfer LP (NYSE:ET) is one of the On May 6, 2026, Raymond James analyst Justin Jenkins raised the firm’s price target on Energy Transfer LP (NYSE:ET) to $26 from $25 while maintaining a Strong Buy rating.

The firm said Energy Transfer continues improving its financial profile through footprint optimization and disciplined capital allocation, with execution and long-term cash flow growth from its project pipeline potentially supporting higher returns to unitholders and a valuation re-rating relative to historical midstream averages and large-cap peers

Stifel analyst Selman Akyol also raised the firm’s price target on Energy Transfer LP (NYSE:ET) to $25 from $23 and maintained a Buy rating on the shares. Meanwhile, Jefferies analyst Julien Dumoulin-Smith raised the firm’s price target on Energy Transfer LP (NYSE:ET) to $21 from $20 while keeping a Hold rating following what the firm described as a stronger-than-expected beat and guidance increase. Jefferies said the latest update highlighted underappreciated growth and improving quality within the partnership’s business. tcly / On May 5, 2026, Energy Transfer LP (NYSE:ET) reported Q1 EPS of 35c, versus the consensus estimate of 38c.

Revenue totaled $27.771B, versus the consensus estimate of $27.3B. Energy Transfer LP (NYSE:ET), together with its subsidiaries, provides energy-related services across the United States. While we acknowledge the potential of ET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.

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