Venture Global (VG) Gets Boost From Higher Price Targets
We recently published a list of . In this article, we are going to take a look at where Venture Global Inc. (NYSE:VG) stands against other best-performing stocks of Friday.
Venture Global bounced back by 5.57 percent on Friday to close at $17.64 apiece as investors took path from an investment firm's higher price target for the company.
Earlier this week, UBS gave Venture Global Inc. (NYSE:VG) a price target of $18, higher than the $14 previously, but downgraded its rating for the stock to 'neutral' from 'buy' prior.
A closeup of the Rio Grande LNG terminal facility, showing its massive scale.
The revision was based on Venture Global Inc.'s (NYSE:VG) outperformance. In the past 30 days of trading, its stock price has already jumped by 64.55 percent and similarly grown by 12.79 percent in just the last five trading days.
According to UBS, it acknowledged the positive momentum for the company, but noted that based on its recent stock price movement, it sees only a limited upside.
Venture Global Inc. (NYSE:VG) stands to become one of the companies that will benefit from President Donald Trump's LNG export restrictions from trade partners.
While we acknowledge the potential of VG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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