Upgrades Neutral Outperform X

MSEX Middlesex Water

Robert W. Baird

$61

Initiated Underperform X

MSEX Middlesex Water

BofA Securities

$56

Downgrades Outperform Neutral X

MSEX Middlesex Water

Robert W. Baird

$58

Upgrades Neutral Buy X

MSEX Middlesex Water

Janney

Downgrades Outperform Neutral X

MSEX Middlesex Water

Boenning & Scattergood

Downgrades Buy Neutral X

MSEX Middlesex Water

Janney

Upgrades Neutral Buy X

MSEX Middlesex Water

Janney

Downgrades Buy Neutral X

MSEX Middlesex Water

Janney

$73

Upgrades Neutral Buy X

MSEX Middlesex Water

Janney

$58 $66

Downgrades Buy Neutral X

MSEX Middlesex Water

Janney

Downgrades Buy Neutral X

MSEX Middlesex Water

Janney

MSEX  Middlesex Water Company

Middlesex Water Company is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. The Company's segments include Regulated and Non-Regulated. The Regulated segment is engaged in the business of collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection customers in parts of New Jersey, Delaware and Pennsylvania. The Non-Regulated segment primarily consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The Middlesex System treats, stores and distributes water for residential, commercial, industrial and fire protection purposes.