DT Midstream Soars 1.19% to 2025 High on Bullish Analyst Ratings
DT Midstream(DTM)涨0.89%,连涨3天,近3日涨3.35%。,The share price rose to its highest level since February 2025 today, with an intraday gain of 1.19%.
The strategy of buying DTMDTM-- shares after they reach a recent high and holding for one week resulted in a 96.79% return over the past five years, significantly outperforming the benchmark return of 44.90%. The strategy's excess return was 51.89%, with a CAGR of 33.33% and a maximum drawdown of -22.21%. The Sharpe ratio was 1.37, indicating a reasonable risk-adjusted return, with a volatility of 24.34%.Analysts have shown a positive outlook on DT MidstreamDTM--, which could influence investor sentiment and stock performance. UBS analyst Manav Gupta maintained a Buy rating on DTM with a price target of $115. Additionally, Stifel analyst Selman Akyol upgraded DTM from Hold to Buy, raising the price target from $89 to $106. These ratings reflect a bullish stance on the company's future prospects.
DT Midstream's commitment to shareholder returns is evident in its recent dividend increase. The company raised its Q1 2025 dividend by 11.6%, demonstrating its financial strength and confidence in its business model. This move is likely to attract income-focused investors and further support the stock price.

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