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Fly News Breaks for March 4, 2020
BRFS
Mar 4, 2020 | 09:17 EDT
Barclays analyst Benjamin Theurer lowered the firm's price target on BRF S.A. to $9 from $12 and reiterates an Overweight rating on the shares following the company's Q4 results. The reduced price target reflects adverse currency moves and lower cash tax benefits impacting cash flow going forward. However, he believes BRF's performance was solid during the quarter.
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