Mizuho Maintains Neutral Rating on Atmos Energy Corporation (ATO), Raises PT to $170

Atmos Energy Corporation (NYSE:ATO) is one of the 20 Best Stocks to Buy and Hold for a Lifetime, delivering consistent revenue and dividend growth.

Mizuho Maintains Neutral Rating on Atmos Energy Corporation (ATO), Raises PT to $170

Mizuho maintained a Neutral rating on Atmos Energy Corporation (NYSE:ATO) and increased its price target from $164 to $170 on September 26, 2025, in response to the company’s fiscal third-quarter 2025 earnings and the expected effects of Texas House Bill 4384 on future earnings. Strong investor confidence is seen in the stock’s 22.30% year-to-date gain, which is currently close to a 52-week high of $168.86.

The upper end is seen as a prudent floor given strong capital plans and anticipated 13–15% annual rate base growth, even though Mizuho has maintained growth guidance of 6–8%. With the help of 32 years in a row of dividend increases, solid fundamentals, including a 57.95% gross profit margin, and revenue growth of 12.9% over the last 12 months, Atmos Energy Corporation (NYSE:ATO) recently hit an all-time high of $169.02.

Atmos Energy Corporation (NYSE:ATO) operates pipelines, storage facilities, and regulated natural gas distribution in eight U.S. states. It is one of the best stocks to buy.

While we acknowledge the potential of ATO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ATO and that has 100x upside potential, check out our report about this cheapest AI stock.

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