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Ladenburg Thalmann maintained its Middlesex Water
MSEX Neutral rating and $20 price target in a research report published today.
In the report, Ladenburg Thalmann states, "We believe MSEX shares offer a defensive haven likely to provide relative resiliency should recent market tumult prove to be more than transitory."
Shares of Middlesex Water were trading at $18.04 at the time of posting, down 2.38% from Friday's market close.
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