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UGI upgraded to Buy at Jefferies as reported KKR interest adds upside case
Jefferies upgraded UGI to Buy from Hold and set a $43 price target, raised from $40. The firm called the reported take-private bid "thesis-changing" and said upside is no longer dependent on an AmeriGas recovery.
Nasdaq slides as long-end yields pressure chip stocks
The Nasdaq 100 fell 1.7% as 30-year Treasury yields held at 5.30% and rate-hike bets eased, while the optical and AI-hardware complex sold off sharply.
Analyst rating and target updates for Spire, Eversource, UGI
Mizuho, UBS, Citigroup and Jefferies issued rating and price-target changes for Spire (SR), Eversource Energy (ES) and UGI (UGI), each tied to reported dividend yields and stated analyst accuracy rates.