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Fly News Breaks for February 13, 2018
ES
Feb 13, 2018 | 07:16 EDT
As previously reported, Morgan Stanley analyst Stephen Byrd downgraded Eversource Energy to Equal Weight from Overweight after a New Hampshire state committee denied the company's Northern Pass Transmission project. Northern Pass represented about 8% of 2020 EPS, by his estimate, and the company's growth outlook is now much less certain, said Byrd, who lowered his price target on Eversource shares to $60 from $63.
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