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Fly News Breaks for November 22, 2017
NJR
Nov 22, 2017 | 08:47 EDT
As previously reported, Janney Capital analyst Michael Gaugler upgraded New Jersey Resources to Buy from Neutral after raising his P/E multiple assumption to reflect expectations for stronger investor interest as the company enters a period of strong earnings growth. He raised his fair value estimate on New Jersey Resources shares to $50 from $41.
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