Citigroup Initiates Coverage On USA Compression Partners with Neutral Rating, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
Citigroup has initiated coverage on USA Compression Partners (NYSE:USAC) with a Neutral rating and set a price target of $23.
September 27, 2024 | 1:57 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on USA Compression Partners with a Neutral rating and a price target of $23, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Citigroup sees no strong reason for the stock to outperform or underperform the market. The price target of $23 provides a specific valuation benchmark, which is crucial for investors. This balanced view is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100