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Fly News Breaks for July 15, 2019
ATO
Jul 15, 2019 | 07:50 EDT
Wells Fargo analyst Sarah Akers started coverage of Atmos Energy with an Outperform rating and $119 price target. The analyst considers Atmos Energy to be "one of the highest quality" Gas LDCs given a highly visible 6%-8% EPS growth outlook, a fully regulated gas strategy and an above-average balance sheet. While there are no major near-term catalysts, Akers believes shares will outperform over time as management executes on the gas infrastructure growth plan.
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