USA Compression Partners, LP (USAC) Stock Update: Citigroup's Neutral Rating and Strategic Acquisition
Citigroup adjusts NYSE:USAC's stock grade to Neutral and raises the price target from $25 to $26.The acquisition of J-W Power Company for approximately $860 million is expected to enhance USAC's operational capabilities and market presence.Despite positive developments, USAC's stock price reflects a decrease of 2.73%, trading at $24.58.USA Compression Partners, LP (NYSE:USAC) is a key player in the natural gas compression industry, headquartered in Dallas, Texas. The company specializes in providing compres ...