Energy Transfer's Expansion Plan Sparks Investor Interest

Energy Transfer (ET) stock is currently trading below $20, which may present a buying opportunity due to its $5.5 billion plan to expand gas infrastructure. According to NS3.AI, analysts, including UBS, maintain a positive outlook with a price target of $22, bolstered by consistent dividend growth and strong demand from income-focused investors. The company's strategic investments and favorable sector sentiment make it an appealing option for generating income in the midstream energy market.