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UBS analyst Gregg Orrill has reiterated a Buy rating on American Water Works with a $156 price target, citing strong momentum and positive legislative developments in Missouri that could enhance operational efficiency. The company reported fourth-quarter earnings exceeding expectations and plans significant capital investments in infrastructure. Despite a recent price target adjustment by Evercore ISI to $139, American Water's solid financial health and strategic initiatives position it well for future growth.
Lloyds Banking Group has announced the closure of 136 branches, including 61 each from Lloyds and Halifax, and 14 from Bank of Scotland, as part of its cost-cutting strategy. This decision follows a meeting between the bank's CEO and Prime Minister Keir Starmer, raising concerns about the government's economic revival claims. The closures, driven by a significant shift to online banking, will result in job losses, although affected employees will be offered positions elsewhere within the company.
Analyst Ali Martinez predicts that Cardano (ADA) could reach $6 if it follows a historical pattern similar to its 2020 bull rally. Despite recent volatility, with ADA experiencing a nearly 17% decline over the past week, optimism remains as analysts highlight potential upside reversals. Andrew Griffith notes a key resistance level at $1.0860, suggesting a possible turnaround for the token.
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ubs maintains buy rating on american water with positive outlook
American Water Works Company Inc.
USA
Susan Hardwick
Gregg Orrill
Melanie M. Kennedy
Andrew Griffith
Mike Kehoe
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15:50 14.03.2025
Lloyds announces 136 branch closures following meeting with Keir Starmer
01:02 30.01.2025
analysts predict potential for cardano price surge to six dollars
13:55 23.12.2024
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