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Fly News Breaks for April 25, 2018
NFG
Apr 25, 2018 | 06:16 EDT
Jefferies analyst Christopher Sighinolfi downgraded National Fuel Gas to Hold and lowered his price target for the shares to $55 from $58. The analyst views "subdued" natural gas prices, the FERC cost-of-service tax recovery and modestly warmer than normal temperatures as headwinds for the shares. He notes the stock has outperformed the S&P 500 Index by 8% since the end of February.
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