American Water Works (AWK) has disclosed a new risk, in the Corporate Activity and Growth category.
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The financial condition, results of operations, and cash flows of the combined company, American Water Works, could face significant risks due to unforeseen events or conditions arising before the merger’s completion. These risks include potential adverse changes in business or operations stemming from actions by either party involved in the merger or from legal and regulatory developments. Such developments could include the emergence of pre-acquisition loss contingencies or unfavorable economic conditions. A notable decline in the value of Essential’s assets or an increase in its liabilities could further impact the future business and financial prospects of the merged entity.
The average AWK stock price target is $147.83, implying 16.68% upside potential.
To learn more about American Water Works’ risk factors, click here.