Core Viewpoint - Atmos Energy Corporation (NYSE: ATO) is experiencing mixed analyst calls, with UBS raising its price target while Morgan Stanley downgrades its rating, reflecting differing outlooks on the utility sector and company performance [1][2]. Analyst Ratings - UBS raised its price target on Atmos Energy to $174 from $159, maintaining a Neutral rating, indicating a more positive view on valuation despite ongoing sector risks [1]. - Morgan Stanley downgraded Atmos Energy to Equal Weight from Overweight and reduced its price target to $172 from $182, citing expectations for utility stock performance influenced by data center demand and regulatory risks in an election year [2]. Operational Performance - Atmos Energy reported its Q4 2025 earnings, marking the 14th consecutive year of executing its strategy focused on safety and reliability, with capital spending in FY25 totaling $3.6 billion, of which 87% was allocated to safety and reliability investments [3]. Shareholder Returns - Atmos Energy announced a 15% increase in its quarterly dividend, extending its dividend growth streak to 41 consecutive years, which is significant for income-focused investors [4].