Jefferies Starts Southwest Gas (SWX) at Hold
Get Alerts SWX Hot Sheet
Price: $76.13 +1.57%
Rating Summary:
3 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
3 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies initiates coverage on Southwest Gas (NYSE: SWX) with a Hold rating and a price target of $55.00.
Analyst Christopher Sighinolfi comments, "SWX is the largest gas utility in AZ & NV and is poised to benefit from ongoing regional economic & housing recoveries. NPL Construction complements the utility profile & provides an unregulated growth driver. However, we see shares as fairly valued and are initiating with a $55 PT & Hold rating."
For an analyst ratings summary and ratings history on Southwest Gas click here. For more ratings news on Southwest Gas click here.
Shares of Southwest Gas closed at $53.55 yesterday.
Analyst Christopher Sighinolfi comments, "SWX is the largest gas utility in AZ & NV and is poised to benefit from ongoing regional economic & housing recoveries. NPL Construction complements the utility profile & provides an unregulated growth driver. However, we see shares as fairly valued and are initiating with a $55 PT & Hold rating."
For an analyst ratings summary and ratings history on Southwest Gas click here. For more ratings news on Southwest Gas click here.
Shares of Southwest Gas closed at $53.55 yesterday.
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