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Fly News Breaks for January 12, 2017
CGI
Jan 12, 2017 | 08:30 EDT
Seaport Global analyst Rhem Wood upgraded Celadon Group to Buy from Neutral with an $11 price target saying the joint-venture spinoff allows the company to refocus on its core trucking business. Despite a lot of noise in the investor community recently, Wood believes the negatives have been overstated, and earnings are currently at the trough with substantial upside from here.
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