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Fly News Breaks for October 9, 2015
CSC
Oct 9, 2015 | 08:43 EDT
Susquehanna's analysis of CSC heading into its spinoff suggests the shares are undervalued, the firm tells investors. Susquehanna estimates CS Commercial to be valued at $49 as a stand-alone company, while shares of Government Practice is valued at $26, implying a sum-of-the-parts value of $75 per share. Susquehanna reiterated its Positive rating and $81 price target on CSC shares.
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