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Fly News Breaks for May 19, 2017
JE
May 19, 2017 | 06:43 EDT
TD Securities analyst Damir Gunja removed Just Energy from the Action List following FY18 base EBITDA guidance that implies a year-over-year decline of 2-6.5%. The analyst expects FY18 to be a transition year as Just Energy ramps certain growth initiatives and continues to view valuation as attractive at current levels. Gunja rates Just Energy a Buy with a $9.50 price target, down from $11.
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