Business
Wolfe Research Rates Atmos Energy as Peer Perform Amid Growth Prospects

NEW YORK, N.Y. — Wolfe Research has begun coverage on Atmos Energy, assigning it a ‘Peer Perform’ rating with a fair value range of $155 to $162.
Analysts noted that Atmos Energy showcases a ‘unique blend of strong growth’ alongside constructive regulatory conditions, making it an appealing option for investors. However, Wolfe Research views this potential positively as already reflected in the company’s current premium valuation.
The firm’s analysis indicates that while Atmos Energy stands out in the market, its significant equity requirements necessitate caution. Analysts suggest that potential investors may want to wait for a more favorable entry point before investing.
<p“Considering the sizable equity needs it faces, we believe the stock is fairly valued at this premium,” said a broker from Wolfe Research in their clients' note.
Investors are urged to remain vigilant in monitoring the company’s equity developments as market conditions evolve.