Core Viewpoint - American Water Works Company, Inc. (AWK) is a prominent player in the water and wastewater utility sector in the U.S., currently facing scrutiny over its proposed acquisition of Essential Utilities, Inc. [1][4] Stock Performance - AWK's current stock price is $137.99, reflecting a decrease of 2.54%, or $3.60, from its previous value [2] - The stock has fluctuated between $135.40 and $140.50 today, with a one-year high of $155.50 and a low of $118.74, indicating volatility [2] - The market capitalization of AWK is approximately $26.92 billion, showcasing its significant presence in the utility sector [3] Analyst Insights - Wells Fargo analyst Shahriar Pourreza has set a price target of $142 for AWK, suggesting a potential upside of about 2.91% from the current trading price [1][5] Acquisition Investigation - The proposed acquisition of Essential Utilities, Inc. by AWK is under investigation by Kahn Swick & Foti, LLC, focusing on the fairness of the deal for Essential Utilities' shareholders [3][4] - Shareholders of Essential Utilities are set to receive 0.305 shares of AWK for each share they own as part of the acquisition [4]
American Water Works Company, Inc. (NYSE:AWK) Price Target and Stock Update