Jefferies upgraded American Water (AWK) to Hold from Underperform with a price target of $124, up from $114. The firm says the stock’s valuation now better reflects the company’s fundamentals after the 10% post-merger pullback.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AWK:
- American Water Seeks Rate Adjustment in Virginia
- Virginia American Water files rate request driven by $115M in investment
- Potential Risks and Challenges for American Water Works Post-Merger: A Financial Outlook
- American Water Works Reports Strong Q3 2025 Results
- American Water Reports Strong Q3 Earnings Growth