Baird analyst David Sunderland raised the firm’s price target on California Water Service to $55 from $52 and keeps an Outperform rating on the shares. The firm said Q1 results included the one-time benefit of the GRC beating consensus estimates on the top and bottom line.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CWT:
- California Water Service Group’s First Quarter 2024 Financial Results Benefit from California 2021 General Rate Case Decision
- California Water Service Group Board of Directors Declares 317th Consecutive Quarterly Dividend and 57th Consecutive Annual Dividend Increase
- CWT Earnings this Week: How Will it Perform?
- California Water Service Group Moving Forward to Install PFAS Treatment Despite CPUC Dismissal of Request to Track Capital Costs in Pre-Approved Memorandum Account
- California Water Service Districts Already Treating for Chromium-6, Will Meet New State Water Quality Standard