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Fly News Breaks for June 25, 2015
GHL
Jun 25, 2015 | 08:42 EDT
Goldman assumed coverage on Greenhill & Co. with a Buy rating from a Sell rating and increased its price target to $48 from $41. The firm said Greenhill's exposure to Europe and cross border opportunities provides considerable leverage to an improving M&A cycle in those areas. Goldman expects a re-acceleration in growth and shareholder friendly model will lead to a recovery in shares.
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