Wire
UBS Adjusts Essential Utilities Price Target to $46 From $43, Maintains Buy Rating
UBS Adjusts Essential Utilities Price Target to $46 From $43, Maintains Buy Rating
$WTRG
$WTRG
3 stories mentioning WTRGUpdated 9d ago
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Wire
Essential Utilities' Merger With American Water Works Offers Attractive Upside, UBS Says
Essential Utilities' (WTRG) merger with American Water Works (AWK) offers an attractive upside with a 20% total return potential, UBS said in a Friday research report.The company's standalone positives includes a steady credit profile, a low-risk and capital-intensive growth plan, and stable regulatory relations, according to the note.UBS upgraded the stock to buy from neutral and raised its price target to $43 from $41.Price: $36.91, Change: $+0.22, Percent Change: +0.60%
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Research
UBS Upgrades Essential Utilities to Buy From Neutral, Adjusts Price Target to $43 From $41
Essential Utilities (WTRG) has an average rating of hold and mean price target of $41, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
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