American Water Works Analyst Initiates Coverage with Bearish Note

Analysts at Needham, Jefferies, Rosenblatt, Barclays, and Cantor Fitzgerald initiated coverage on various stocks. Needham analyst Mike Cikos initiated coverage on CoreWeave with a Buy rating and a $55 price target. Jefferies analyst John Dunigan initiated coverage on Avery Dennison with a Hold rating and a $175 price target. Barclays analyst Eric Beaumont initiated coverage on American Water Works with an Underweight rating and a $138 price target. Cantor Fitzgerald analyst Carter Gould initiated coverage on AbbVie with an Overweight rating and a $210 price target.

Analysts from prominent firms have initiated coverage on several key stocks, offering insights and price targets that could influence investor decisions. Mike Cikos of Needham initiated coverage on CoreWeave, Inc. (CRWV) with a Buy rating and a price target of $55, suggesting significant upside potential [1]. The stock closed at $35.42 on Monday.

John Dunigan of Jefferies assigned a Hold rating to Avery Dennison Corporation (AVY) with a price target of $175. The stock closed at $169.03 on Monday, indicating a slight premium to the analyst's target [1].

Eric Beaumont of Barclays initiated coverage on American Water Works Company, Inc. (AWK) with an Underweight rating and a price target of $138. The stock closed at $147.13 on Monday, trading at a premium to the analyst's target [1].

Carter Gould of Cantor Fitzgerald initiated coverage on AbbVie Inc. (ABBV) with an Overweight rating and a price target of $210. The stock closed at $170.16 on Monday, offering a significant discount to the analyst's target [1].

These analyst ratings and price targets provide valuable insights for investors, but they should be considered alongside other factors and market conditions.

References:
[1] https://www.benzinga.com/25/04/44918966/this-american-water-works-analyst-begins-coverage-on-a-bearish-note-here-are-top-5-initiations-for-tuesday