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Fly News Breaks for April 20, 2018
UGI
Apr 20, 2018 | 06:19 EDT
UBS analyst Shneur Gershuni upgraded UGI Corporation to Buy from Neutral and raised his price target for the shares to $52 from $48. The company offers above average earnings growth potential and strong financial metrics, Gershuni tells investors in a research note. He expects UGI can grow earnings at an 8.2% annually over the next three years, which is above the peer average of 6.1%. The stock currently trades at a "significant discount" to peers, Gershuni contends.
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