Citi raised the firm’s price target on Transportadora de Gas del Sur (TGS) to $40 from $35 and keeps a Buy rating on the shares. The firm also added an “upside 90-day catalyst watch” on Transportadora de Gas del Sur. Citi expects the Gasoducto Perito Moreno project to be awarded over the next couple of months. The firm is more constructive on Argentina energy after the country reached a deal with the International Monetary Fund, even in an environment of lower oil prices.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TGS:
- Transportadora de Gas upgraded to Outperform from Neutral at Grupo Santander
- Transportadora De Gas Sa Ord Reports Strong Q1 2025 Results
- Transportadora de Gas del Sur S.A. Reports Strong Q1 2025 Results Amid Operational Challenges
- TGS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Transportadora de Gas del Sur S.A. Secures Approval for Five-Year Tariff and Investment Plans