Morgan Stanley analyst David Arcaro raised the firm’s price target on One Gas (OGS) to $75 from $72 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for Regulated & Diversified Utilities / IPPs in North America under its coverage, noting utilities underperformed the S&P’s return in October, the analyst tells investors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OGS:
- ONE Gas Announces Board Chair Retirement
- Amazon downgraded, Alphabet upgraded: Wall Street’s top analyst calls
- One Gas price target raised to $87 from $86 at Mizuho
- One Gas upgraded to Neutral from Sell at UBS
- Balanced Risk/Reward Profile for ONE Gas Amid Improved Earnings Outlook and Legislative Changes