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Fly News Breaks for December 14, 2018
UGI
Dec 14, 2018 | 05:59 EDT
UBS analyst Shneur Gershuni last night downgraded UGI Corporation to Neutral from Buy and lowered his price target for the shares to $63 from $65. The analyst cites valuation for the downgrade with the shares up 24% year-to-date. Further, Gershuni estimates UGI's annual earnings growth through 2021 could slow to 6.4% versus the peer group average of 6.7%.
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