Energy Transfer LP (NYSE:ET) is one of the MLP Stocks List: 20 Largest MLPs.
On March 10, 2026, Morgan Stanley analyst Robert Kad raised the price target on Energy Transfer LP (NYSE:ET) from $19 to $21. The firm maintained an Equal Weight rating on the company’s stock. The update was part of Morgan Stanley’s weekly review of the North American midstream and renewable energy.
In another development, on March 23, 2026, Truist initiated coverage of Energy Transfer LP (NYSE:ET), with a Buy rating and a price target of $23. According to the firm, the company operates a premier, diversified U.S. midstream system that covers the Permian crude, NGL exports, and natural gas transmission. Energy Transfer LP (NYSE:ET) holds a strategic position in LNG feedgas and increasing power generation to meet hyperscale datacenter demand, based on the analyst’s research note. The firm further added that the company’s structural volume growth, combined with improved balance sheet discipline and new power-related demand, could potentially drive durable EBITDA expansion and a sustained market re-rating.
Founded in 1996, Energy Transfer LP (NYSE:ET) is one of North America’s largest and most diversified midstream energy companies. Based in Texas, the company owns and operates a massive network of pipelines, spanning 44 states and all major U.S. production basins.
While we acknowledge the potential of ET 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.
READ NEXT: 11 Best Stocks You’ll Wish You Bought Sooner and 10 Top Stocks Fund Managers Are Loading Up On in 2026
Disclosure: None. Follow Insider Monkey on Google News.
