Noble Midstream Partners (NYSE:NBLX) was upgraded by investment analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a report released on Tuesday, MarketBeat Ratings reports. The brokerage presently has a $29.00 price target on the energy company’s stock, up from their previous price target of $26.00. Robert W. Baird’s target price would suggest a potential upside of 40.03% from the stock’s current price.
Several other analysts have also issued reports on NBLX. Bank of America cut their price target on Noble Midstream Partners from $42.00 to $35.00 and set a “buy” rating for the company in a report on Tuesday, September 10th. Scotiabank started coverage on Noble Midstream Partners in a research report on Tuesday, September 3rd. They issued a “sector perform” rating and a $29.00 price target for the company. Noble Financial began coverage on Noble Midstream Partners in a research note on Tuesday, September 3rd. They issued a “sector perform” rating and a $29.00 price objective on the stock. Zacks Investment Research cut Noble Midstream Partners from a “buy” rating to a “hold” rating in a research report on Saturday, November 16th.
Finally, Credit Suisse Group downgraded Noble Midstream Partners from an “outperform” rating to a “hold” rating and cut their price objective for the company from $31.00 to $23.00 in a research note on Monday, November 25th. Seven research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $33.36.
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