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Fly News Breaks for January 8, 2018
NWN
Jan 8, 2018 | 08:46 EDT
Sidoti analyst Tate Sullivan downgraded Northwest Natural Gas to Neutral and cut its price target to $63 from $80 due to its expansion into the water utility market, potentially indicating lower utility capital expenditure growth. Sullivan decreased his earnings estimates to reflect lower natural gas utility and storage growth.
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