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Connecticut Water Service (NASDAQ:CTWS) was downgraded by research analysts at Hilliard Lyons to a “buy” rating in a report released on Tuesday, Stock Ratings Network reports.

Separately, analysts at Zacks upgraded shares of Connecticut Water Service from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, December 25th. They now have a $38.50 price target on the stock.

Connecticut Water Service (NASDAQ:CTWS) last released its earnings data on Monday, November 11th. The company reported $0.86 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.69 by $0.17. The company had revenue of $29.57 million for the quarter, compared to the consensus estimate of $26.65 million. During the same quarter last year, the company posted $0.67 earnings per share.

Connecticut Water Service, Inc is a non-operating holding company. The Company operates in three segments: Water Activities, Real Estate Transactions and Services and Rentals.

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