Stock Rating Upgrade
In recent days the Value Trend Rating for Avista Corp (NYSE: AVA) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Avista Corp (NYSE: AVA) stock closed at $38.04 on 8/9/24 after being unchanged was unchanged. NORMAL trading volume accompanied the flat performance. The stock has declined -4.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
AVA is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Avista has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Avista has a slightly positive Power Rating of 63 and a slightly positive Appreciation Score of 67, leading to the Positive Value Trend Rating.
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