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Fly News Breaks for June 18, 2018
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Jun 18, 2018 | 07:39 EDT
As previously reported, Baird analyst Jeffrey Meuler upgraded Alliance Data to Outperform from Neutral. The analyst cited its attractive valuation following multiple compression, adding that both its card and non-card businesses appear to be at or near positive inflection points. Meuler raised his price target to $268 from $235 on Alliance Data shares.
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