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Fly News Breaks for August 8, 2017
SJI
Aug 8, 2017 | 08:17 EDT
As previously reported, Janney Capital analyst Michael Gaugler upgraded South Jersey Industries to Buy from Neutral, noting that the shares have drifted lower since reaching a 52-week in the Spring despite an improving outlook. The analyst, who believes South Jersey can hit $1.79 in economic earnings in 2019, raised his fair value estimate on the shares to $38 from $34.
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