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Fly News Breaks for January 7, 2020
ATO
Jan 7, 2020 | 07:08 EDT
BofA analyst Richard Ciciarelli upgraded Atmos Energy to Buy from Neutral with a $120 price target. The analyst is becoming more bullish on gas local distribution companies and views Atmos as best-in-class. The company is best positioned within the space to capture a multiple re-rating given its high quality earnings trajectory and solid management team, Ciciarelli tells investors in a research note.
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