Wells Fargo & Company Lowers UGI (NYSE:UGI) Price Target to $42.00

Wells Fargo & Company has reduced its price target for UGI (NYSE:UGI) from $45.00 to $42.00, while maintaining an "overweight" rating, suggesting a potential upside of 21.15%. This adjustment comes as UGI reported a wider-than-expected quarterly adjusted loss of $0.20 per share, although the company reaffirmed its fiscal 2026 EPS guidance of $2.75-$2.90. Despite mixed analyst sentiment and weaker propane volumes impacting revenue, the company’s regulatory clarity from a Pennsylvania rate settlement and a stable dividend continue to offer some positive indicators.