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Fly News Breaks for July 23, 2019
COT
Jul 23, 2019 | 20:29 EDT
Goldman Sachs analyst Judy Hong upgraded Cott Corp to Buy with an unchanged price target of $18. The analyst says the stock has underperformed relative to its peers with no significant catalysts, and the weakness more than accounts for the potential FX headwinds. Hong believes the stock will recover over the next 6-12 months as EBITDA growth accelerates.
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