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Fly News Breaks for February 26, 2020
AWR
Feb 26, 2020 | 08:40 EDT
Wells Fargo analyst Jonathan Reeder raised his price target for American States Water to $87 from $78 following the company's year end 2019 update. The analyst reiterates an Underweight rating as he believes the shares' total return will continue to lag peers due to further relative multiple compression.
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