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Fly News Breaks for September 9, 2016
GIB
Sep 9, 2016 | 07:50 EDT
Canaccord analyst Robert Young said any weakness in CGI Group shares from the company's CEO transition announcement would be a buying opportunity. The analyst believes new management could ultimately be energizing and that the company is well positioned to grow revenue organically with a balance sheet that provides flexibility for tuck-in and transformative M&A. Young reiterated his Buy rating and C$70 price target on CGI Group shares.
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