Is Enterprise Products Partners (EPD) a Buy Post Earnings?

Enterprise Products Partners (NYSE:EPD) is one of the best cheap stocks under $50 to buy right now. Enterprise Products Partners (NYSE:EPD) received several bullish rating updates from analysts in February following the release of its yearly results. On February 5, Scotiabank raised the price target on Enterprise Products Partners (NYSE:EPD) to $37 from $35 while maintaining a Sector Perform rating on the shares. The firm told investors that while the quarter was solid and the guidance is currently beating consensus expectations, there exists a gap between communicated data points and the end result in a model.

Enterprise Products Partners (NYSE:EPD) also received a rating update from TD Cowen on February 4, with the firm lifting the price target on the stock to $34 from $33 and maintaining a Hold rating on the shares. The firm stated that it updated its model after quarterly results as the company lifted its 2027 outlook. The same day, RBC Capital also raised the price target on Enterprise Products Partners (NYSE:EPD) to $40 from $35 and maintained an Outperform rating on the shares. It contended that projects coming online are anticipated to drive strong free cash flows and solid 2027 growth, driving increased capital returns to investors through mid-single digit distribution growth and accelerated unit buybacks.

Enterprise Products Partners (NYSE:EPD) is involved in the production and trade of natural gas and petrochemicals. The company’s operations are divided into the following segments: NGL Pipelines and Services, Crude Oil Pipelines and Services, Natural Gas Pipelines and Services, and Petrochemical and Refined Products Services.

While we acknowledge the potential of EPD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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