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 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.

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