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Fly News Breaks for October 4, 2017
MSEX
Oct 4, 2017 | 08:20 EDT
As previously reported, Janney Capital analyst Michael Gaugler assumed coverage of Middlesex Water and upgraded the stock to Buy from Neutral, saying he considers the shares undervalued compared to his newly-introduced 2019 estimates. The analyst, who thinks the company's increased levels of investment should drive improved earnings, set a $44 fair value estimate on the stock.
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