B of A Securities Reinstates Underperform on American Water Works, Announces $140 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ross Fowler has reinstated an 'Underperform' rating on American Water Works (NYSE:AWK) with a price target of $140.
September 20, 2024 | 11:52 am
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B of A Securities has reinstated an 'Underperform' rating on American Water Works with a price target of $140, suggesting potential downside.
The 'Underperform' rating and $140 price target from B of A Securities suggest that the stock is expected to underperform relative to the market. This could lead to a negative short-term impact on AWK's stock price as investors may react to the analyst's bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100