UBS Downgrades California Water Servs Gr to Sell, Lowers Price Target to $51
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Gregg Orrill downgrades California Water Servs Gr (NYSE:CWT) from Neutral to Sell and lowers the price target from $59 to $51.
June 14, 2023 | 1:21 pm
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UBS downgrades California Water Servs Gr (CWT) to Sell and lowers the price target from $59 to $51.
The downgrade from Neutral to Sell and the lowering of the price target by UBS analyst Gregg Orrill indicate a negative outlook for California Water Servs Gr (CWT) in the short term. This could lead to a decrease in the stock price as investors may react to the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100