Aqua America (WTR) Reports In-Line Q3 EPS, Miss on Revenues; Offers FY17 EPS Guidance

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Aqua America (WTR) PT Raised to $38 at Baird; Reiterates Neutral

November 2, 2017 7:47 AM EDT

Baird raised its price target on Aqua America (NYSE: WTR) to $38.00 (from $32.00) while maintaining a Neutral rating following the company's 3Q earnings report. Operating revenue fell ~5% y/y as favorable rate decisions and regulated customer growth were more than offset by a $11.6M revenue... More