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Enter Symbol:
Rating: ARTNA

Artesian Resources Corporation (NASDAQ: ARTNA) downgraded to Underperform by Hilliard Lyons

Wednesday,  Oct 21, 2015  10:25 AM ET by Kristen Bailey

Hilliard Lyons downgraded Artesian Resources Corporation (NASDAQ: ARTNA) to Underperform.
Hilliard Lyons rated Artesian Resources Corporation (NASDAQ: ARTNA) to Buy with price target $23 on 06/18/2012, when the price was $19.63.

Artesian Resources Corporation (Artesian Resources) operates as the parent holding company of Artesian Water Company, Inc. (Artesian Water), Artesian Water Pennsylvania, Inc. (Artesian Water Pennsylvania), Artesian Water Maryland, Inc. (Artesian Water Maryland), Artesian Wastewater Management, Inc. (Artesian Wastewater), and Artesian Wastewater Maryland, Inc. (Artesian Wastewater Maryland) These Companies are regulated public utilities, while the Company?s three non-regulated subsidiaries include Artesian Utility Development, Inc. (Artesian Utility), Artesian Development Corporation (Artesian Development) and Artesian Consulting Engineers, Inc. (Artesian Consulting), doing business as Meridian Architects and Engineers. The Company distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, governmental, municipal and utility customers throughout the State of Delaware within its 263 square mile franchise area.

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