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Fly News Breaks for October 8, 2018
AMG
Oct 8, 2018 | 13:20 EDT
Barrington analyst Alexander Paris reiterated an Outperform rating on Affiliated Managers with a $200 price target, which suggests a ~50% upside, saying a premium valuation is warranted in the stock due to the likelihood of additional accretive investments, the ongoing, increased share repurchase program and a recently initiated dividend growing faster than earnings.
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