Bank of America: Centuri (CTRI.US) trading eliminates valuation pressure, upgrades Southwest Gas (SWX.US) rating to "neutral"

According to the data obtained by the Wise Finance APP, Bank of America analyst Ross Fowler has upgraded the rating of the American natural gas company Southwest Gas Holdings (SWX.US) from "below market" to "neutral", with the target price raised from $69 to $74. The Bank of America research report points out that with Southwest Gas taking preliminary cash out measures to alleviate the valuation pressure brought by the upcoming split of the utility infrastructure service company Centuri (CTRI.US), the company's risk-return ratio has become more balanced. The report also emphasizes that the regulatory environment in Arizona is showing signs of improvement.