Analyst Raises Western Midstream Partners (WES) Price Target but Keeps Underweight Rating

With a net profit margin of 30.99%, Western Midstream Partners, LP (NYSE:WES) is included among the 10 Most Profitable Energy Stocks to Buy Now.

Analyst Raises Western Midstream Partners (WES) Price Target but Keeps Underweight Rating

Western Midstream Partners, LP (NYSE:WES) operates as a midstream energy company primarily in the United States.

On May 27, Morgan Stanley raised its price target on Western Midstream Partners, LP (NYSE:WES) from $41 to $51, but kept its ‘Underweight’ rating on the shares. The target adjustment indicates an upside of over 17% from the current levels.

Western Midstream Partners, LP (NYSE:WES) exceeded expectations in its Q1 report last month, supported by the contribution from its Aris acquisition, per-day throughput growth across all 3 product lines, and the continued success of its cost-cutting efforts. Moreover, the company’s adjusted gross margin also received a boost from the significant rise in crude oil prices in March.

Western Midstream Partners, LP (NYSE:WES) also announced the acquisition of the privately held Brazos Delaware II in a $1.6 billion deal last month, ​further reinforcing its gathering and ​processing footprint in the core ⁠of the Permian Basin. The company will provide updated guidance for FY 2026 together with its Q2 results after the Brazos close.

While we acknowledge the risk and potential of WES as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WES and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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