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Texas Yale Capital cuts shares in American Water Works, which beat earnings forecasts despite a "Hold" rating.
Texas Yale Capital Corp. and other investors have adjusted their holdings in American Water Works (AWK), with Texas Yale reducing its shares by 17.3% to 9,125.
AWK, which serves 3.5 million customers across 14 states, surpassed earnings expectations with $1.22 EPS in the last quarter, topping forecasts by $0.09.
The stock has a "Hold" rating and a target price of $141.86.
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Texas Yale Capital recorta acciones en American Water Works, lo que supera los pronósticos de ganancias a pesar de una calificación de "Sostener".