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One Gas price target raised to $75 from $72 at Morgan Stanley

Morgan Stanley analyst David Arcaro raised the firm’s price target on One Gas (OGS) to $75 from $72 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for Regulated & Diversified Utilities / IPPs in North America under its coverage, noting utilities underperformed the S&P’s return in October, the analyst tells investors.

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