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Fly News Breaks for January 29, 2020
Jan 29, 2020 | 08:24 EDT
As previously reported, Morgan Stanley analyst Stephen Byrd upgraded Ameren to Overweight from Equal Weight with a $91 price target. He sees a long runway for above average earnings and rate base growth as he believes additional investment in renewables to replace uneconomic coal plants will allow the company to grow its earnings at the high end of its 6%-8% earnings growth target for an extended period.
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