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Fly News Breaks for August 2, 2016
BG
Aug 2, 2016 | 06:58 EDT
BofA/Merrill analyst Evan Morris upgraded Bunge to Buy and raised its price target to $73 from $68 following management's guidance to profit growth in FY16 and FY17. The analyst has confidence Bunge can continue to execute and said cost savings could result in upside to FY17 estimates.
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