Freedom Capital analyst Matvey Tayts upgraded Global Water Resources (GWRS) to Buy from Hold with an unchanged price target of $9.60. With the stock having declined by 9% since the firm’s prior downgrade, the firm now sees “an attractive entry point,” the analyst tells investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GWRS:
- Global Water Resources Appoints New Board Member
- Global Water Resources appoints Steele to board of directors
- Global Water Resources price target lowered to $15 from $18 at Roth Capital
- Global Water Resources Reports Revenue Growth Amid Rising Costs
- Global Water Resources Earnings Call: Growth Amid Challenges