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Fly News Breaks for April 12, 2017
CCU
Apr 12, 2017 | 05:56 EDT
JPMorgan analyst Pedro Leduc upgraded Compania Cervecerias to Neutral and raised his price target for the shares to $25 from $21. Positive developments in the Chile Presidential election race may keep multiples for Chilean beverages high for longer, the analyst contends. Leduc sees more share upside given the "strong earnings momentum."
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