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Fly News Breaks for March 15, 2017
AWK
Mar 15, 2017 | 06:20 EDT
HSBC analyst Verity Mitchell downgraded American Water to Hold citing the recent rally in the shares and the belief that rising interest rates are likely to be less supportive of a regulated utility that yields only 2.2% for 2017. The analyst keeps a $79 price target for the shares.
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