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Fly News Breaks for July 15, 2019
WTR
Jul 15, 2019 | 06:58 EDT
BofA Merrill Lynch analyst Julien Dumoulin-Smith initiated Aqua America with a Buy rating and $45 price target, citing his view that the water sub-sector is lower risk compared to utility peers and that Aqua America has "unique EPS revision potential" as a gas and water utility hybrid following its deal for Peoples Gas.
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