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Fly News Breaks for September 17, 2018
AWK
Sep 17, 2018 | 08:26 EDT
Evercore ISI analyst Greg Gordon initiated American Water with an Outperform and $96 price target saying its the fastest growing water utility with geographical diversity, making them a prime candidate to capitalize on industry consolidation opportunities. Further, American Water has best in class earnings, dividend growth visibility, and trades at a 10% discount to the group, Gordon wrote in a note to investors.
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