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Fly News Breaks for August 29, 2016
CBL
Aug 29, 2016 | 05:56 EDT
Jefferies analyst Omotayo Okusanya upgraded CBL & Associates to Buy saying "several issues" at have been an overhang on the shares are now resolved or are in the process of resolution. The company's portfolio quality is rising while its balance sheet is in better shape, Okusanya tells investors in a research note. The analyst raised his price target for the shares to $16 from $10.50.
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