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Fly News Breaks for June 14, 2017
FBR
Jun 14, 2017 | 06:13 EDT
JPMorgan analyst Lucas Ferreira upgraded Fibria Celulose to Overweight and raised his price target for the shares to $13.50 from $10 to reflect a more positive short and mid-term view on pulp prices. Improvements in both the demand and supply outlook materially decrease the probability of a sustainable pulp price sell off, the analyst tells investors in a research note.
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