Western Midstream Partners, LP
No SEC Form 4 filings for $WES in the last 30 days.
Wesfarmers shares (ASX: WES) rose after Morgans upgraded the stock from “Trim” to “Accumulate,” citing improved lithium price assumptions. Morgans lifted its 12-month target to A$81.10 from A$80.50 and raised FY27/FY28 EBIT forecasts by 2% each. The company reported H1 revenue of A$24.2bn and NPAT of A$1.603bn.
Stifel upgraded Western Midstream Partners (WES) to Buy from Hold, increasing its price target to $46 from $42. This upgrade follows the company's better-than-expected Q1 earnings and positive outlook for 2026 and 2027. Western Midstream shares were up 1.2% in Friday's trading after the news.
Western Midstream Partners (NYSE:WES) has received an average "Hold" rating from brokerages, with an average 12-month price target of $41.71. Despite missing Q4 earnings and revenue consensus, the company's revenue increased 11.1% year-over-year, and analysts forecast an EPS of approximately $3.25 for the current year. Western Midstream also increased its quarterly dividend to $0.93 per share, yielding about 8.7%, though its dividend payout ratio stands at 124%.
