ARTESIAN RES (ARTNA) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of ARTESIAN RES (ARTNA) from UNDERPERFORM to NEUTRAL on May 14, 2012, with a target price of $19.90.

Artesian Resources Corporation operates as the parent holding company of Artesian Water Company, Inc a regulated public water utility. Artesian Water provides water utility service to customers with in its established service territory in portions of New Castle County, Delaware.

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