JPMorgan Chase Raises Price Target on Energy Transfer to $25.00

Analysts at JPMorgan Chase & Co. have increased their price target for Energy Transfer (NYSE:ET) to $25.00, representing a potential upside of 16.80% from its current price.

This is the latest in a series of upgrades and reiterations from various firms, including TD Cowen, Jefferies Financial Group, Royal Bank Of Canada, Citigroup, and UBS Group.

Energy Transfer's stock traded down $0.04 on Friday to hit $21.41, but analysts remain optimistic about the company's prospects.