U.S. Gasoline Demand Drops to Lowest Level Since January 2023, According to EIA
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: moomoo
- U.S. Gasoline Demand: Gasoline demand in the U.S. has decreased, reaching its lowest level since January 2023.
- Recent Trends: The decline in demand was noted in the latest week, indicating a potential shift in consumer behavior or market conditions.
Analyst Views on UGA
Wall Street analysts forecast UGA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UGA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 65.285
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Current: 65.285
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
