Citi raised the firm’s price target on USA Compression (USAC) to $27 from $24 and keeps a Neutral rating on the shares. The firm cites its increased long-term cash flow estimates on the company’s increased growth backlog in 2026 and beyond for the target bump. While 2025 guidance came in just light of expectations, USA highlighted plans to refocus on contracted new horsepower additions in 2025, the analyst tells investors in a research note. Citi views the 2025 guidance as conservative and sees the upper half of the range as an achievable hurdle.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USAC:
- USA Compression Engages Investors at J.P. Morgan Conference
- Mixed Financial Outlook and Conservative Strategies Lead to Hold Rating for USA Compression
- Shared Services Model Between USA Compression and Energy Transfer: Navigating Risks and Challenges
- USA Compression Partners Achieves Record Q4 Results
- USA Compression Reports Record Earnings and Future Growth Plans