Zacks Investment Research downgraded shares of AMER STATES WTR (AWR) from OUTPERFORM to NEUTRAL on January 14, 2013, with a target price of $52.50.
American States is a public utility company engaged principally in the purchase, production, distribution and sale of water. The company also distributes electricity in some communities. In the customer service areas for both water and electric, rates and operations are subject to the jurisdiction of the California Public Utilities Commission.
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