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Fly News Breaks for January 7, 2019
NJR
Jan 7, 2019 | 08:23 EDT
As previously reported, Guggenheim downgraded New Jersey Resources to Sell from Neutral and cut its price target to $39 from $49. Analyst Shahriar Pourreza cites New Jersey's premium valuation to the gas group and lack of catalysts ahead for the rating change.
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