UBS raises PT on Australia's Origin Energy on upside from electricity demand
** Analysts at UBS believe the value of Origin Energy's ORG.AX peaking generation portfolio and Octopus Energy are mispriced by market at present
** Brokerage lifts price target to A$12.10/shr from A$10.55/shr; maintains "buy" rating
** Shares of the energy giant were down as much as 1.1% in early trade
** UBS believes 3-5GW of new electricity demand from data centres/AI by 2030 not factored into government forecasts, adding further upside for earnings to ORG
** Six of 11 analysts covering the stock rate it "buy" or higher and five rate it "hold"; their median PT is A$10.70 - LSEG data
** Stock up 28.2% YTD, as of last close
Reporting by Shivangi Lahiri in Bengaluru
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