Analysts have been eager to weigh in on the Utilities sector with new ratings on Energy Transfer (ET – Research Report) and Avista (AVA – Research Report).
Energy Transfer (ET)
Mizuho Securities analyst Gabe Moreen maintained a Buy rating on Energy Transfer on November 2 and set a price target of $18.00. The company’s shares closed last Friday at $13.66.
According to TipRanks.com, Moreen is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Energy Transfer with a $17.40 average price target, implying a 27.3% upside from current levels. In a report issued on November 2, UBS also maintained a Buy rating on the stock with a $23.00 price target.
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Avista (AVA)
Mizuho Securities analyst Anthony Crowdell maintained a Sell rating on Avista on November 2 and set a price target of $33.00. The company’s shares closed last Friday at $35.04.
According to TipRanks.com, Crowdell is a 3-star analyst with an average return of
Avista has an analyst consensus of Moderate Sell, with a price target consensus of $29.50.
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