
Key facts: American Water Works to merge with Essential Utilities; B of A raises price target to $139

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American Water Works Company (AWK) will merge with Essential Utilities in an all-stock deal, expected to close by Q1 2027, focusing on water bill affordability and earnings growth.1B of A Securities has increased the price target for American Water Works Company to $139.00 per share, up from the previous target of $117.00.2
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