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Fly News Breaks for April 3, 2018
CALM
Apr 3, 2018 | 07:40 EDT
Stephens analyst Farha Aslam raised her price target on Cal-Maine Foods to $55 from $50, citing the stronger than expected egg prices in March and signs of robust demand. Given the positive profit dynamics in the egg market, Aslam increased her FY18 EPS estimate for Cal-Maine to $2.95 from $2.05. She maintains an Overweight rating on the shares.
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