Mizuho analyst Anthony Crowdell lowered the firm’s price target on American Water (AWK) to $145 from $149 and keeps a Neutral rating on the shares after the company agreed to merger with Essential Utilities (WTRG).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AWK:
- American Water initiated with an Equal Weight at Wells Fargo
- Midday Fly By: Novartis to buy Avidity, Keurig Dr Pepper beats expectations
- Video: Merger Monday with deals announced in biotechnology and banking
- American Water Announces Merger with Essential Utilities
- American Water, Essential Utilities combination to be led by John Griffith
