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Fly News Breaks for November 2, 2015
GWR
Nov 2, 2015 | 06:52 EDT
Macquarie upgraded Genesee & Wyoming to Outperform with a $78 price target and named it a top pick in US rail. Analyst Cleo Zagrean expects shares to rerate from double digit earnings growth supported by strong cost controls begun in Q3. Zagrean sees Freightliner, business development and M&A as potential upside to our forecast.
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