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Fly News Breaks for April 27, 2015
WIN, CSAL
Apr 27, 2015 | 06:14 EDT
Citigroup started shares of Communications Sales & Leasing (CSAL) with a Buy rating and $32 price target while raising its price target for Windstream (WIN) to $15 from $9. Citi thinks CS&L, which has spun off in a tax-free transaction from Windstream and will own passive telecom infrastructure, can trade at a dividend yield of 7.5%.
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