Atmos Energy Co. (NYSE:ATO) was downgraded by stock analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research report issued on Friday, StockTargetPrices.com reports. They presently have a $72.00 target price on the stock. Morgan Stanley’s price objective would indicate a potential downside of 1.29% from the stock’s previous close.
Other large investors have recently made changes to their positions in the company. Ronna Sue Cohen increased its stake in shares of Atmos Energy by 0.5% in the fourth quarter. Ronna Sue Cohen now owns 17,273 shares of the company’s stock worth $1,089,000 after buying an additional 91 shares during the last quarter. BOKF NA raised its stake in Atmos Energy by 0.7% in the fourth quarter. BOKF NA now owns 21,077 shares of the company’s stock valued at $1,329,000 after buying an additional 139 shares in the last quarter.
Source: American Banking and Market News