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Fly News Breaks for March 15, 2016
CNS
Mar 15, 2016 | 08:33 EDT
BofA/Merrill analyst Adam Beatty upgraded Cohen & Steers two notches to Buy and raised his price target to $37 from $28. The analyst said Cohen & Steers is positioned to deliver organic growth and has positioned its products in attractive areas of retail and institutional investors. Beatty expects healthy revenue growth, operating leverage, capital management and views valuation as attractive.
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