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Fly News Breaks for May 5, 2015
CVA
May 5, 2015 | 08:46 EDT
As reported previously, Baird upgraded Covanta to Outperform from Neutral as the firm views it as well positioned for growth, citing its NYC contract that should contribute significantly to revenue and EBITDA in the second half of the year. Baird raised its price target to $25 from $23 on Covanta shares.
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