Mizuho analyst Anthony Crowdell lowered the firm’s price target on American Water (AWK) to $145 from $149 and keeps a Neutral rating on the shares after the company agreed to merger with Essential Utilities (WTRG).
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AWK:
- American Water initiated with an Equal Weight at Wells Fargo
- Midday Fly By: Novartis to buy Avidity, Keurig Dr Pepper beats expectations
- Video: Merger Monday with deals announced in biotechnology and banking
- American Water Announces Merger with Essential Utilities
- American Water, Essential Utilities combination to be led by John Griffith
