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Fly News Breaks for June 1, 2018
COT
Jun 1, 2018 | 06:39 EDT
JPMorgan analyst Peter Grom reinstated coverage of Cott Corp. and upgraded the shares to Overweight from Neutral with a $19 price target. The current 21% discount to peers provides a compelling entry point, Grom tells investors in a research note. He believes the company's new business model improves visibility and limits volatility.
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