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Fly News Breaks for June 22, 2015
CAPL, CST
Jun 22, 2015 | 07:44 EDT
After CST (CST) announced a series of transactions, Wells Fargo raised its estimate of the value created by CST's partnership with CrossAmerica (CAPL) to $19 per share after tax, up from $17 previously. The firm thinks that CST's stock is significantly undervalued, and it believes that the company is an attractive acquisition candidate. Wells keeps an Outperform rating on CST.
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