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Fly News Breaks for June 13, 2016
CORE
Jun 13, 2016 | 09:24 EDT
Stephens analyst Ben Bienvenu raised his price target for Core-Mark to $102 from $93 to reflect the completion of the company's recent acquisition of Pine State Trading Company, which he thinks will give Core-Mark a foundation to grow its presence along the East Coast, further penetrate the existing book of Pine State accounts with cross-selling and recognize operating synergies over the long term. Bienvenu reiterates an Overweight rating on Core-Mark's shares.
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