JP Morgan Downgrades Atmos Energy to Neutral, Lowers Price Target to $180
JP Morgan analyst Jeremy Tonet downgrades Atmos Energy (NYSE:ATO) from Overweight to Neutral and lowers the price target from $198 to $180.
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Analysts downgraded Novo Nordisk, Chewy, NuScale Power and Atmos Energy, cutting price targets for three companies.
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JP Morgan analyst Jeremy Tonet downgrades Atmos Energy (NYSE:ATO) from Overweight to Neutral and lowers the price target from $198 to $180.
Spire Inc. announced a strategic capital investment plan of $11.2 billion through fiscal 2035, targeting 5-7% long-term adjusted EPS growth. The company completed its acquisition of Piedmont Natural Gas' Tennessee business, adding over 200,000 customers and 3,800 pipeline miles. With 70% of investments allocated to safety and reliability, Spire expects rate-base growth of 7% in Missouri and 7.5% in Tennessee, positioning itself for more stable and sustainable earnings growth.
Goldman Sachs analyst Alexandra Steiger maintains Chewy (NYSE:CHWY) with a Buy and lowers the price target from $34 to $30.
Equities rebounded Friday as crude retreated from $100, though hot CPI pushed Fed hike odds to 90%. Dell jumped 11%on Oracle's capex plan.
Morgan Stanley analyst Thibault Boutherin downgrades Novo Nordisk (NYSE:NVO) from Equal-Weight to Underweight and maintains the price target from $40 to $40.