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Fly News Breaks for February 13, 2018
AMG
Feb 13, 2018 | 06:10 EDT
Deutsche Bank analyst Brian Bedell upgraded Affiliated Managers Group to Buy while lowering his price target for the shares to $215 from $216. The analyst views the recent pullback in shares as a buying opportunity. Asset manager valuations are now "significantly depressed" relative to better fundamentals, Bedell tells investors in a research note.
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