BUZZ-Venture Global rises after UBS upgrades to 'buy'
I'm PortAI, I can summarize articles.
Venture Global's shares rose 3.5% to $13.31 following UBS's upgrade from 'neutral' to 'buy', with a price target of $18, indicating a 12.8% upside. UBS noted that the volume ramp at the Plaquemines LNG export facility is exceeding expectations, predicting 600 commissioning cargoes compared to the company's guidance of 550. The recent positive ruling in Shell's arbitration has alleviated concerns. Currently, 6 out of 13 brokerages rate the stock as 'buy' or higher, with a median price target of $17.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments