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Fly News Breaks for January 15, 2016
GWR
Jan 15, 2016 | 13:51 EDT
BofA/Merrill lowered its price target on Genesee & Wyoming to $44 from $51 as the firm believes the headwinds in industrials and volume shortfalls facing the railroad operator merit a lower multiple on its shares. Merrill keeps an Underperform rating on G&W shares.
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