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Atmos Energy Corporation (NYSE:ATO) is included among the 10 Best Large Cap Dividend Growth Stocks to Invest in.
On April 27, Bank of America analyst Ross Fowler raised the firm’s price recommendation on Atmos Energy Corporation (NYSE:ATO) to $206 from $177. It reiterated a Neutral rating on the shares. The firm expects Atmos to report Q2 EPS of $3.39, matching consensus, the analyst tells investors in a preview. The firm is rolling its valuation year to 2028.
On April 21, Truist Financial initiated coverage of Atmos Energy with a Hold rating and a $195 price target. The firm launched coverage of 20 names in the power and utilities group. Vertically integrated electric utilities are “clear winners” in building the infrastructure to serve load growth for data centers, the analyst tells investors in a research note. Truist believes investors should lean into growth in the space and names American Electric Power, Entergy Corporation, and Xcel Energy as top picks. It also highlights Ameren Corporation, CMS Energy Corporation, and DTE Energy Company.
Atmos Energy Corporation (NYSE:ATO) is a natural gas-only distributor. The company delivers natural gas to over 3.3 million distribution customers across more than 1,400 communities in eight states, mainly in the South. It also manages proprietary pipeline and storage assets, including intrastate natural gas pipeline systems in Texas.
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