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Fly News Breaks for November 18, 2016
FII
Nov 18, 2016 | 07:54 EDT
As previously reported, Credit Suisse upgraded Federated Investors to Neutral from Underperform and raised its price target to $27 from $26. Analyst Craig Siegenthaler is more positive on the money market fund business given the firm's outlook for higher rates and thinks the SMA business is well positioned in the new, DOL compliant broker-deal model.
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