Atmos Energy Corporation's (NYSE:ATO) business performance appears to be lagging behind its rising
share price. Despite this, several investment firms such as
International Assets Investment Management LLC and
Eastern Bank have recently invested millions in the firm. Atmos Energy's Q3
earnings reportedly surpassed estimates leading to a 3.5% increase in their stock since their last report. The company has made new additions to its board of directors, namely
Edward Geiser and
Telisa Toliver. However, there are concerns regarding the company's overvaluation and increased use of debt, with some analysts recommending to sell. Despite these challenges, Ladenburg Thalmann has initiated coverage of Atmos Energy with a
buy recommendation. Furthermore, the company's stock reached an all-time high of $132.38 and its price target was increased to $156 by Wells Fargo. Atmos Energy's stock performance seems to have a steady upward trend, awarding considerable returns to its long-term investors.
Atmos Energy Stocks ATO News Analytics from Fri, 29 Jun 2018 02:18:34 GMT to Sat, 26 Oct 2024 12:26:52 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 2
