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Fly News Breaks for August 5, 2016
DYN
Aug 5, 2016 | 08:24 EDT
After Dynegy reported roughly in-line Q2 EBITDA, SunTrust analyst Ali Agha notes that the company's stock has fallen 32% over the last two months. The analyst notes that power prices have been "relatively flat" over this period, and he believes that Dynegy has a number of positive catalysts going forward. The analyst trimmed his price target on the shares to $20 from $21 but keeps a Buy rating.
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