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Fly News Breaks for July 23, 2019
COT
Jul 23, 2019 | 07:53 EDT
Jefferies analyst Kevin Grundy believes the recent pullback in shares of Cott Corp. presents a buying opportunity. The stock is now trading three standard deviations below its historical average versus business service peers, Grundy tells investors in a research note. The analyst sees an "asymmetrical" risk/reward and "compelling small cap value opportunity" at current share levels. He reiterates a Buy rating on Cott Corp. with an $18 price target.
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