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Fly News Breaks for September 21, 2016
ANFI
Sep 21, 2016 | 07:14 EDT
Jefferies analyst Akshay Jagdale started Amira Nature Foods with a Buy rating and $13 price target. The short thesis on Amira has been discredited and the stock at current levels represents an attractive entry point, Jagdale tells investors in a research note. He points out that export demand has accelerated and basmati prices have stabilized in recent months.
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