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Fly News Breaks for October 8, 2018
AXAHY
Oct 8, 2018 | 06:34 EDT
Keefe Bruyette analyst Ralph Hebgen upgraded AXA to Outperform and raised his price target for the shares to EUR 28 from EUR 23.45. The investor day on November 28 will allow management to "present near-term strategic choices at its disposal," Hebgen tells investors in a research note. Given the company's strategic options, the analyst believes the stock's "current trading discounts versus the sector are no longer justified."
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