Jefferies Initiates Coverage On Essential Utilities with Buy Rating, Announces Price Target of $44
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on Essential Utilities (NYSE:WTRG) with a Buy rating and set a price target of $44.
October 07, 2024 | 5:25 pm
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POSITIVE IMPACT
Jefferies has initiated coverage on Essential Utilities with a Buy rating and a price target of $44, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target by a reputable firm like Jefferies is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100