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Fly News Breaks for September 8, 2015
CVGW
Sep 8, 2015 | 06:47 EDT
BB&T upgraded Calavo Growers to Buy with a $58 price target. The firm believes management is working aggressively to fully leverage the entire Calavo platform to maximize revenue growth and margins and views the RFG product portfolio as "on-trend" with a long runway for growth. Additionally, BB&T said the 2016 volume outlook for the avocado business is much more constructive than previously anticipated.
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