One Gas price target raised to $92 from $90 at BofA

BofA raised the firm’s price target on One Gas (OGS) to $92 from $90 and keeps a Buy rating on the shares. The company’s EPS growth outlook was raised to 5%-7% from 4%-6%, driven by 7-9% rate base growth, customer growth, and benefits from Texas HB4384, the analyst tells investors in a research note. One Gas’ capital plan is also larger and more ambitious, with $800M slated for 2026 and $4.3B over five years, up about 7.5% from prior expectations, the firm added.