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Fly News Breaks for March 19, 2019
WTR
Mar 19, 2019 | 06:18 EDT
UBS analyst Dan Ford upgraded Aqua America to Buy and raised his price target to $42 from $36. The analyst notes that investor sentiment on the stock has improved after the initial 16% decline since its October purchase of Peoples, stating that the company's equity offering will be seen as a "risk clearing event." Ford also believes that Aqua America is "attractively priced".
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