Mizuho analyst Gabriel Moreen raised the firm’s price target on UGI Corporation to $27 from $26 and keeps a Neutral rating on the shares. The analyst expects “significant updates” on UGI’s strategic review with the Q1 report. The Q2 results are likely to be depressed given warm weather across UGI territory, but strong Q1 results could keep its fiscal 2024 guidance intact, the analyst tells investors in a research note.
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