B of A Securities Reinstates Buy on Essential Utilities, Announces $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ross Fowler has reinstated a Buy rating on Essential Utilities (NYSE:WTRG) and set a price target of $45.

September 20, 2024 | 11:50 am
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B of A Securities has reinstated a Buy rating on Essential Utilities with a price target of $45, indicating a positive outlook for the stock.
The reinstatement of a Buy rating by a major analyst and a specific price target of $45 suggests confidence in Essential Utilities' future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100