Robert W. Baird downgrades the following companies:
Chesapeake Utilities CPK from Outperform to Neutral. Price target increased from $40 to $42.
Xcel Energy XEL from Outperform to Neutral. Price target increased from $24 to $25.
Aqua America WTR from Outperform to Neutral. Price target increased from $22 to $24.
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