Prediction: Energy Transfer Will Hit $25 in 2026
Energy Transfer (NYSE: ET) has already soared more than 20% this year. That pushed the master limited partnership's (MLP) unit price up almost to $20.
I think the energy stock has a lot further to run. I believe that the market is massively underpricing the potential that oil prices will remain higher for longer, with the potential for a significant spike if the U.S. launches new attacks against Iran. Add in a couple of other catalysts, and I predict the MLP's unit price will hit $25 this year, a more than 25% increase from its current price.
Image source: The Motley Fool.
Source Fool.com


