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Fly News Breaks for May 2, 2016
GPRE
May 2, 2016 | 08:39 EDT
Roth Capital analyst Craig Irwin raised his price target for Green Plains to $20 from $16 ahead of Q1 results. Balancing demand growth with debottlenecking, the analyst sees "good potential" for tight summer production capacity. Early slowing of industry-wide capacity and the short-term exit of certain plants support firming fundamentals ahead of the summer driving season, Irwin tells investors in a research note. The analyst reiterates a Buy rating on the shares.
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