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Fly News Breaks for February 6, 2018
RGCO
Feb 6, 2018 | 08:05 EDT
As previously reported, Janney Capital analyst Michael Gaugler upgraded RGC Resources to Buy from Neutral as he sees a compelling opportunity with the stock having pulled back approximately 30% from its 52-week peak. He predicts the bias in FY18 estimates will be higher, given favorable weather trends, though he lowered his fair value estimate for the shares to $27 from $29.
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