- WTRG is trading 4.8% up at $39.85 in pre-market, driven by renewed optimism surrounding its merger with American Water Works (AWK).
- UBS raised AWK's price target today, anticipating that a favorable Pennsylvania rate case decision will reinforce the Q1 2027 merger closing timeline.
- The stock's rebound from recent 52-week lows is further supported by a broader market rotation into defensive utility assets amidst economic uncertainty.