U.S. Gasoline Stocks Increased Last Week to Highest Level Since February 2021, According to EIA
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: moomoo
- U.S. Gasoline Inventory Update: The latest report indicates that U.S. gasoline inventories have reached their highest levels since February 2021.
- Market Implications: This increase in gasoline inventory may have significant implications for fuel prices and market dynamics moving forward.
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.
