Baird raised the firm’s price target on Essential Utilities (WTRG) to $46 from $45 and keeps an Outperform rating on the shares. The firm said they remain positive on the shares following a strong Q3 operationally and the re-initiation of long-term EPS guidance.
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Read More on WTRG:
- Essential Utilities Reports Q3 2024 Financial Highlights
- Essential Utilities price target lowered to $43 from $45 at Wells Fargo
- Essential Utilities sees FY25 EPS $2.07-$2.11, consensus $2.13
- Essential Utilities backs FY24 EPS view $1.96-$2.00, consensus $2.05
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