Barclays upgraded United Utilities (UUGRY) to Equal Weight from Underweight with a price target of 1,200 GBp, up from 975 GBp. The firm expects Ofwat to increase allowed returns slightly, which it says should benefit already-strong water names.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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 UUGRY:
- United Utilities downgraded to Hold from Buy at Jefferies
- United Utilities (UUGRY) Announces Q1 Dividend: Save the Dates!
- United Utilities upgraded to Buy from Hold at Deutsche Bank
- United Utilities price target raised to 1,175 GBp from 1,150 GBp at RBC Capital
- United Utilities upgraded to Outperform from Neutral at Exane BNP Paribas
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
