Unitil (NYSE:UTL) Raised to Buy at Wall Street Zen

robot
Abstract generation in progress

Wall Street Zen has upgraded Unitil (NYSE:UTL) from a “Hold” to a “Buy” rating, while Weiss Ratings reissued a “Hold (C-)”, resulting in a MarketBeat consensus of “Hold”. This upgrade follows Unitil beating its quarterly earnings expectations, reporting an EPS of $1.13 against an expected $1.03 and revenues of $161.5M against $144.45M expected, with analysts projecting $3.08 EPS for the current year. Institutional investors like Vanguard, State Street, Manufacturers Life, JPMorgan, and Wellington have significantly increased their stakes, collectively owning approximately 76.76% of the stock.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin