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Fly News Breaks for October 2, 2019
CPL
Oct 2, 2019 | 07:08 EDT
JPMorgan analyst Fernando Abdalla started CPFL Energia with an Overweight rating and R$37 price target, which implies 16% total return potential. The analyst sees CPFL as an "attractive story in the relatively defensive utilities space." He believes the company should provide predictable earnings growth.
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