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Fly News Breaks for February 28, 2017
BID
Feb 28, 2017 | 09:12 EDT
Craig-Hallum analyst George Sutton raised his price target for Sotheby's to $44 from $35 after the company wrapped up a productive 2016 with a "solid Q4 print," with in-line earnings and revenues that exceeded estimates driven primarily by continued improvement in auction commission margins. He reiterates a Hold rating on the shares.
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