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Fly News Breaks for May 10, 2017
AFH
May 10, 2017 | 08:14 EDT
Sandler O'Neill analyst Tom Shimp upgraded Atlas Financial Holdings to Buy following the company's Q1 results and raised his price target for the shares to $17 from $14. The results "represented a turnaround for several key investor concerns," the analyst tells investors in a post-earnings research note. The core Taxi business grew in 8% in Q1, which should allow the total company to grow again, the analyst contends.
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