Edward Jones upgraded Essential Utilities to Buy from Hold and added the shares to the firm’s U.S. Stock Focus List. The analyst believes Essential remains one of the industry leaders among water utilities and also has attractive growth opportunities in its natural gas distribution business. The firm says the shares are attractive at current levels.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on WTRG:
- Essential Utilities, Inc. (WTRG) Q3 Earnings Cheat Sheet
- Essential Utilities unit to acquire water system in Greenville, PA for $18M
- Essential Utilities to sell three non-utility properties to Cordia for $165M
- Cordia Acquiring Three Cutting-Edge Energy Systems from Essential Utilities in Allegheny County
- Spotify downgraded, Tractor Supply upgraded: Wall Street’s top analyst calls