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Fly News Breaks for January 28, 2019
IMO
Jan 28, 2019 | 08:52 EDT
Credit Suisse analyst Manav Gupta started coverage of Imperial Oil with an Underperform rating and a $38 target price. The analyst notes that Imperial Oil is focused on technical innovation, but believes its technological innovation alone cannot justify a 2.0 times premium multiple to peers.
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IMO
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