Baird Starts H2O America (HTO) at Outperform

Baird analyst Davis Sunderland initiates coverage on H2O America (NASDAQ: HTO) with a Outperform rating and a price target of $67.00.

The analyst comments "Initiating HTO with an Outperform rating and $67 price target. H2O America is a regulated water and wastewater utility operating in four states across the US. The company announced in May 2025 its rebranding to H2O America with trading on the Nasdaq as HTO, replacing SJW Group and ticker SJW, respectively. To summarize our thesis, we view HTO as a leading national water/wastewater utility with improving geographic diversification and rate base growth forecast that is currently trading at what we see as an attractive discount to historical valuation multiples."

For an analyst ratings summary and ratings history on H2O America click here. For more ratings news on H2O America click here.

Shares of H2O America closed at $56.17 yesterday.

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