tiprankstipranks
Trending News
More News >

American Water price target raised to $147 from $142 at Wells Fargo

Wells Fargo raised the firm’s price target on American Water (AWK) to $147 from $142 and keeps an Equal Weight rating on the shares. The firm cites another solid and straightforward quarterly update from the company. The 2025 capital investment program is on track and management reiterated the 7%-9% longer-term EPS and dividend CAGRs underpinned by 8%-9% rate base growth, Wells adds.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue