Mizuho Maintains Western Midstream Partners LP - Unit (WES) Buy Recommendation
Fintel reports that on September 6, 2023, Mizuho maintained coverage of Western Midstream Partners LP - Unit (NYSE:WES) with a Buy recommendation.
Analyst Price Forecast Suggests 17.22% Upside
As of August 31, 2023, the average one-year price target for Western Midstream Partners LP - Unit is 31.47. The forecasts range from a low of 24.24 to a high of $37.80. The average price target represents an increase of 17.22% from its latest reported closing price of 26.85.
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The projected annual revenue for Western Midstream Partners LP - Unit is 3,501MM, an increase of 13.33%. The projected annual non-GAAP EPS is 3.29.
Western Midstream Partners LP - Unit Declares $0.56 Dividend
On July 21, 2023 the company declared a regular quarterly dividend of $0.56 per share ($2.25 annualized). Shareholders of record as of July 31, 2023 received the payment on August 14, 2023. Previously, the company paid $0.50 per share.