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Fly News Breaks for May 10, 2018
COT
May 10, 2018 | 05:30 EDT
Jefferies analyst Kevin Grundy upgraded Cott Corp. to Buy and raised his price target for the shares to $20 from $17. The company's transition to a pure play water, coffee and filtration business is not fully appreciated by the market, Grundy tells investors in a research note. He believes Cott now offers more stable and higher growth and margins.
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