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Suburban Propane price target raised to $22 from $20 at Argus

Suburban Propane price target raised to $22 from $20 at Argus

Argus analyst Henry Engels raised the firm’s price target on Suburban Propane (SPH) to $22 from $20 and keeps a Buy rating on the shares. The firm sees modest growth for the company in FY26 as it continues to refine its portfolio amid the transition to renewable energy, adding that it remains positive on the name given its attractive dividend yield of about 6.2%, the analyst tells investors in a research note.

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