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Fly News Breaks for February 12, 2016
CDE
Feb 12, 2016 | 07:59 EDT
As noted earlier, BMO Capital upgraded Coeur to Market Perform from Underperform. As reasons for the upgrade, the firm cited what it sees as the company's more favorable valuation, declining cash burn rate, and likely ability to repay its debt in 2021. Target to $3.50 from $2.
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