Alert: Rating Downgrade (11/15/24)-Atmos Energy Corp (NYSE: ATO).

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Stock Rating Downgrade

Of late the Value Trend Rating for Atmos Energy Corp (NYSE: ATO) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

On 11/15/24, Atmos Energy Corp (NYSE: ATO) stock rose modestly by 0.4%, closing at $144.89. Moreover, this advance was accompanied by unusually high trading volume at 187% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.4% during the last week.

Current PriceTarget Research Rating

Atmos Energy has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Atmos Energy has a neutral Appreciation Score of 46 but a good Power Rating of 80, triggering the High Neutral Value Trend Rating.

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