Atmos Energy price target raised to $172 from $165 at Argus

Argus analyst Marie Ferguson raised the firm’s price target on Atmos Energy (ATO) to $172 from $165 and keeps a Buy rating on the shares. The firm’s revised target price reflects solid company fundamentals trading and the stock’s potential participation in sector rotation favoring Utilities during a period of declining interest rates, the analyst tells investors in a research note.