Barclays Initiates Coverage on Avista (NYSE:AVA)

Analysts set an "equal weight" rating and $40.00 price target for the utility provider.

Published on Mar. 9, 2026

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Stock analysts at Barclays have initiated coverage on shares of Avista (NYSE:AVA), a utility company based in Spokane, Washington. Barclays set an "equal weight" rating and a $40.00 price target on the stock, suggesting a potential upside of 0.76% from the company's previous close.

Why it matters

Avista is a major utility provider in the Pacific Northwest, serving around 400,000 electric and 324,000 natural gas customers across Washington, Oregon, and Idaho. Barclays' initiation of coverage and rating on the stock provides an independent assessment of the company's outlook and valuation.

The details

In their report, Barclays analysts cited Avista's regulated utility business model and diverse energy generation assets as factors supporting their "equal weight" rating. The $40.00 price target represents a modest potential upside from the stock's recent trading levels around $39.70.

  • Barclays initiated coverage on Avista on Monday, March 9, 2026.

The players

Avista

An integrated energy company providing electric and natural gas delivery services to residential, commercial, and industrial customers in the Pacific Northwest.

Barclays

A multinational investment bank and financial services company that has initiated coverage on Avista's stock.

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The takeaway

Barclays' initiation of coverage on Avista provides an independent assessment of the utility company's outlook, with the analysts setting an "equal weight" rating and modest price target. This reflects Avista's regulated business model and diverse energy assets, which have helped the company navigate industry changes in the Pacific Northwest.