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Fly News Breaks for September 26, 2019
IMO
Sep 26, 2019 | 07:06 EDT
Goldman Sachs analyst Neil Mehta downgraded Imperial Oil to Neutral from Buy while raising his price target for the shares to C$39 from C$37. The analyst continues to believe the company is well positioned to generate free cash flow near-term, but he sees higher total return potential elsewhere in the space.
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IMO
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