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Fly News Breaks for July 16, 2018
CSTM
Jul 16, 2018 | 07:26 EDT
Jefferies analyst Martin Englert started Constellium with a Buy rating and $14 price target. Management has made notable progress improving the company's maturity schedule and deleveraging, Englert tells investors in a research note. He sees the deleveraging accelerating as the auto-related capacity ramps improve free cash flow.
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