Atmos Energy price target raised to $165 from $148 at Mizuho

Mizuho analyst Gabriel Moreen raised the firm’s price target on Atmos Energy (ATO) to $165 from $148 and keeps an Outperform rating on the shares. The company’s strong guidance earlier this month was secondary to its five-year capex update, which represented a 41% increase from the prior plan, the analyst tells investors in a research note.