Earnings
UBS raises American Water stock price target on valuation update By Investing.com
UBS has increased its price target for American Water Works Company Inc. (NYSE:AWK) to $162 from $156, maintaining a Buy rating on the stock. This adjustment is based on a higher average price-to-earnings multiple for the water utility group, which now stands at 18.7 times 2028 estimated earnings. The company recently surpassed Wall Street expectations for its second-quarter 2026 financial results, reporting adjusted earnings of $1.61 per share and revenue of $1.36 billion.