UBS analyst Manav Gupta upgraded Venture Global (VG) to Buy from Neutral with an unchanged price target of $18. The firm says the volume ramp at Plaquemines continues to surprise to the upside. The Street is underestimating the number of commissioning cargoes from Plaquemines, with UBS estimates will come in around 600 versus he company’s guidance of 550, the analyst tells investors in a research note. The firm believes the 50 additional commissioning cargoes could drive earnings upside of $970M, which is not in Street estimates. UBS thinks Venture shares will close their valuation gap relative to peers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VG:
- Venture Global price target raised to $14 from $12 at Wells Fargo
- Venture Global Reports Strong Q2 2025 Growth
- Shell loses arbitration case to Venture Global, WSJ reports
- Venture Global Wins Arbitration Against Shell NA LNG
- Intel CEO meets with Trump, Cardinal Health to acquire Solaris: Morning Buzz