Mizuho Reiterates Buy on American Water Works, Lowers Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell has reiterated a Buy rating on American Water Works (AWK) but has lowered the price target from $140 to $131.

March 21, 2024 | 1:11 pm
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Mizuho has reiterated a Buy rating on American Water Works but lowered the price target from $140 to $131.
While the reiteration of a Buy rating suggests continued confidence in the company's fundamentals and growth prospects, the reduction in the price target could reflect adjustments in valuation metrics or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially causing minor fluctuations in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100