From Barchart: 2024-12-23 14:25:00

Mizuho analysts increased UGI Corporation’s price target to $33, citing confidence in the company’s potential and strategic initiatives. Since the upgrade to Outperform in November, UGI’s shares have seen positive momentum, especially after a strong fiscal fourth-quarter earnings call. New CEO Bob Flexon’s message and recent meetings with management have reinforced optimism about UGI’s future.

AmeriGas plays a crucial role in unlocking UGI’s valuation potential, with operational improvements and strategic asset sales being potential catalysts. Emphasizing the Midstream and Utilities segments could lead to long-term value creation. Mizuho’s revised price target considers 2027 projections and the company’s strategic realignment, with further upside expected as UGI executes its plans and stabilizes operations.



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