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Fly News Breaks for November 3, 2016
DYN
Nov 3, 2016 | 08:19 EDT
After Dynegy provided guidance that SunTrust analyst Ali Agha views as "slightly disappointing" and the stock tumbled 32%, Agha says that the stock appears to be "significantly oversold." The analyst thinks that the company's adjusted EBITDA and free cash flow are poised to rebound in 2018, and believes that the decline in the stock creates "a compelling buying opportunity."
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