Enterprise Products (EPD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The average brokerage recommendation (ABR) for Enterprise Products (EPD) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Enterprise Products (EPD) boasts a stable business model and is not significantly exposed to the volatility in oil and gas prices.