NYSE:AWR - New York Stock Exchange, Inc. - US0298991011 - Common Stock - Currency: USD
Analyst Ross Fowler downgraded American States Water from Neutral to Underperform, reducing its price target from $85 to $71. The downgrade reflects the stock's high premium relative to its sector, with expectations for compression in a higher interest rate environment.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips American States Water (NYSE:AWR) just reported results for the first quarter of...
BofA Securities analyst Ross Fowler initiated coverage on California Water Service Group (NYSE:CWT) with a Buy rating and price forecast of $57, which implies an upside potential of 17%. Per Fowler, the company is currently trading at the lowest valuation compared to other U.S. water utilities, even though its earnings outlook is improving and it has significant capital investment plans for 2025-2028. California Water also has extra financial capacity to increase capital spending if needed. The
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Higher-for-longer has hurt, but beware of these three stocks at risk if the Fed doesn't cut rates at least once in 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you’re retiring, retired, or just thinking about retiring, it’s ...
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AWR stock results show that American States Water met analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.