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Fly News Breaks for January 31, 2020
ATO
Jan 31, 2020 | 06:30 EDT
UBS analyst Shneur Gershuni downgraded Atmos Energy to Neutral from Buy with an unchanged $120 price target. The analyst sees limited upside on the stock following its "strong" outperformance over the past two months. Gershuni adds that with about 37% of its distribution system and 44% of APT transmission system installed before 1970, Atmos will require "decades" of replacement investment.
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