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Fly News Breaks for February 10, 2020
FNF, FG
Feb 10, 2020 | 08:11 EDT
Goldman Sachs analyst Alex Scott upgraded FGL Holdings (FG) to Neutral from Sell with a price target of $10.50, up from $9, after the company agreed to be acquired by Fidelity National Financial (FNF) for $12.50 per share. The analyst says his new target price implies a more balanced risk/reward for FGL shares versus North America Life Insurance peers.
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