DT Midstream Guidance Prompts 5% Price Forecast Cut By Analyst
1. J.P. Morgan lowers DTM price forecast from $115 to $109 while maintaining Neutral rating. 2. DTM exceeded EPS estimates, reporting $0.94 versus $0.89 expected. 3. 2025 EBITDA guidance raised by 18%, now $1.095-$1.155 billion. 4. DTM has strong revenue protection with over 80% of its EBITDA covered. 5. Shares of DTM decreased by 2.51% to $98.00 in recent trading.