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Fly News Breaks for February 4, 2020
MSEX
Feb 4, 2020 | 08:42 EDT
Boenning & Scattergood analyst Ryan Connors initiated coverage of Middlesex Water with an Outperform rating and $80 price target, stating that its "rock-solid regulatory relations" give the company the opportunity to steadily outperform peers on key growth and return metrics. He also notes its improving liquidity, an improved regulatory environment in New Jersey and "robust organic customer growth" in Delaware.
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