Wells Fargo analyst Joseph O’Dea raised the firm’s price target on Centuri (CTRI) to $22 from $18 and keeps an Overweight rating on the shares. The firm notes U.S. Gas started the year slow, impacted by weather, but saw a significant improvement in March. Electric beat expectations. Pipeline remains robust as backlog and contracts give management a clear line of sight, Wells adds.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTRI:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue