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Fly News Breaks for January 22, 2018
PEG
Jan 22, 2018 | 08:43 EDT
As previously reported, Macquarie upgraded American Electric to Outperform from Neutral and raised its price target to $55 from $49. Analyst Angie Storozynski expects meaningful upside to consensus estimates due to tax reform, a pending rate case for the electric and gas utility, potential legislative support for nuclear plants in New Jersey, and planned price formation reform.
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