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Energy Transfer's stock fell despite a "Moderate Buy" rating, missing earnings expectations.
Energy Transfer's stock dropped 1.4% to $17.22 on Monday, despite having a "Moderate Buy" rating and a target price of $21.55.
The company, which operates natural gas pipelines and storage facilities, missed earnings expectations by $0.06 per share.
With a market cap of $61.20 billion, the firm also offers a 7.29% dividend yield, though it has a debt-to-equity ratio of 1.42.
Despite the stock decline, several institutional investors have increased their holdings in the company recently.
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El stock de Energy Transfer cayó a pesar de una calificación de "Compra Moderada", perdiendo las expectativas de ganancias.