According to Brean Murray Carret, SJW SJW is upgraded to Buy.
Brean Murray Carret said that revenue in the quarter of $62.3 million (a 23% YoY increase) came in nicely above its $53 million estimate. “EPS of $0.35 came in considerably higher than our $0.17 estimate.”
SJW closed yesterday at $23.45.
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