Enterprise Products Partners Sees Price Target Hike

JPMorgan Chase & Co. raises price target on midstream energy company's stock to $39.00

Mar. 13, 2026 at 6:55am

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Enterprise Products Partners (NYSE:EPD), a Houston-based midstream energy company, had its price target increased from $35.00 to $39.00 by JPMorgan Chase & Co. in a research report. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Why it matters

The price target increase suggests JPMorgan Chase & Co. sees upside potential in Enterprise Products Partners' stock, which could signal positive sentiment around the company's future performance and growth prospects within the midstream energy sector.

The details

Several other brokerages have also recently commented on Enterprise Products Partners' stock. Wells Fargo & Company raised their price objective from $36.00 to $38.00 and gave the stock an 'equal weight' rating. Citigroup reissued a 'buy' rating and set a $39.00 target price (up from $36.00). Stifel Nicolaus raised their price target from $38.00 to $41.00 and gave the stock a 'buy' rating.

  • The research report was released on Tuesday morning.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company.

Enterprise Products Partners L.P.

A Houston-based master limited partnership that provides midstream energy services across North America, including gathering and transportation, fractionation of natural gas liquids, natural gas processing, crude oil and condensate pipelines, and marine and terminal services.

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The takeaway

The price target increase for Enterprise Products Partners' stock by a major investment bank like JPMorgan Chase & Co. suggests Wall Street sees continued growth potential for the midstream energy company, which could signal positive momentum in the sector.