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UPDATE: Brean Murray Carret Upgrades SJW to Buy

According to Brean Murray Carret, SJW (NYSE: 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.

Posted-In: Brean Murray CarretAnalyst Color Upgrades Analyst Ratings

 

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