Morgan Stanley Raises Energy Transfer (ET) Price Target to $21

On March 10, 2026, Morgan Stanley expert Robert Kad raised the terms people connected Energy Transfer LP (NYSE:ET) from $19 to $21. The steadfast maintained an Equal Weight standing connected the company’s stock. The update was portion of Morgan Stanley’s play reappraisal of the North American midstream and renewable energy.

In different development, connected March 23, 2026, Truist initiated sum of Energy Transfer LP (NYSE:ET), with a Buy standing and a terms people of $23. According to the firm, the institution operates a premier, diversified U.S. midstream strategy that covers the Permian crude, NGL exports, and earthy state transmission. Energy Transfer LP (NYSE:ET) holds a strategical presumption successful LNG feedgas and expanding powerfulness procreation to conscionable hyperscale datacenter demand, based connected the analyst’s probe note. The steadfast further added that the company’s structural measurement growth, combined with improved equilibrium expanse subject and caller power-related demand, could perchance thrust durable EBITDA enlargement and a sustained marketplace re-rating.

Founded successful 1996, Energy Transfer LP (NYSE:ET) is 1 of North America’s largest and astir diversified midstream vigor companies. Based successful Texas, the institution owns and operates a monolithic web of pipelines, spanning 44 states and each large U.S. accumulation basins.

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