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Fly News Breaks for December 17, 2018
MSEX
Dec 17, 2018 | 07:23 EDT
As previously reported, Janney Montgomery Scott analyst Michael Gaugler downgraded Middlesex Water to Neutral from Buy, citing valuation given that the stock's "substantial run higher" has risen the share price above his $53 fair value estimate. He does still have a positive view on the company's future earnings prospects, Gaugler noted.
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