Mizuho raised the firm’s price target on American Water to $140 from $134 and keeps a Buy rating on the shares post the Q3 report. The company continues to execute on infrastructure spending and acquiring systems, with minimal equity needs over the next five years, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AWK:
- American Water (AWK) Unveils Dividend Details for Q4: Mark Your Calendar!
- American Water sees FY24 EPS $5.10-$5.20, consensus $5.14
- American Water backs FY23 EPS view $4.72-$4.82, consensus $4.80
- American Water reports Q3 EPS $1.66, consensus $1.64
- VA American Water files rate request driven by $110M in investment