Mizuho analyst Gabriel Moreen lowered the firm’s price target on Atmos Energy to $128 from $132 and keeps a Buy rating on the shares post the Q4 results. The analyst believes Atmos "added steam" by signaling a pre-funded fiscal 2023 with "attractively-priced equity," and that anticipated debt funding costs are partially hedged with interest rate swaps through fiscal 2026.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ATO: