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Fly News Breaks for December 13, 2017
WTR
Dec 13, 2017 | 08:46 EDT
Argus analyst Jacob Kilstein raised his price target on Aqua America to $41 and kept his Buy rating. Kilstein says the company will continue to generate "solid risk-adjusted return" as it benefits from the expected investment of $700B in U.S. water infrastructure, as recommended by the EPA. The analyst adds that Aqua America is positioned to benefit from "experienced management team and balanced rate regulation".
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