Analyst Ross Fowler downgraded American States Water from Neutral to Underperform, reducing its price target from $85 to $71. The downgrade reflects the stock’s high premium relative to its sector, with expectations for compression in a higher interest rate environment.
Latest Ratings for AWR
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Wells Fargo | Maintains | Equal-Weight | |
| Feb 2022 | Barclays | Maintains | Underweight | |
| Dec 2021 | Barclays | Downgrades | Equal-Weight | Underweight |
