Equitrans Midstream Corporation (NYSE:ETRN) is issuing a correction to information discussed during its earnings call earlier today. On the call, ETRN discussed proposed legislation, a summary of which was released yesterday and has been the subject of widespread news coverage (Proposed Energy Permitting Provisions). The Proposed Energy Permitting Provisions relate to improving the energy infrastructure permitting process and specifically mention the Mountain Valley Pipeline project. ETRN incorrectly referred to the Proposed Energy Permitting Provisions as the Federal Permitting Reform and Jobs Act, a previous, separate legislative proposal introduced last year.
Goldman Sachs Downgrades CNH Industrial to Neutral, Lowers Price Target to $12.14
Goldman Sachs analyst Daniela Costa downgrades CNH Industrial (NYSE:CNHI) from Buy to Neutral and lowers the price target from $14.42 to $12.14.
