Baird raised the firm’s price target on Middlesex Water (MSEX) to $61 from $58 and keeps a Neutral rating on the shares. The firm said its earnings and capital spending beat estimates. The Tidewater subsidiary filed for a rate increase during the quarter and management expects they will file a request in 2025.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSEX: